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Glossier Images Inc., produces decorative statues. Management has provided the following information:

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Glossier Images Inc., produces decorative statues. Management has provided the following information:

Glossier Images Inc., produces decorative statues. Management has provided the following information:

Actual sales34,000 statues
Budgeted production53,000 statues
Selling price$46 per statue

Direct material costs$7.50 per statue
Variable manufacturing costs$3.60 per statue
Variable administrative costs$5.85 per statue
Fixed manufacturing overhead$4.80 per statue

What is the cost per statue if throughput costing is used?
A) $21.75
B) $16.95
C) $11.10
D) $7.50

Textbook

Cost Accounting: A Managerial Emphasis

Edition: 16^th

Authors: Horngren, Datar, Rajan

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More solutions for this book are available here

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This calls for a celebration Person Raising Both Hands in Celebration

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