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Home Q & A Board Other Fields Homework Help Business Accounting
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jhester60 jhester60
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5 years ago
Fast Track Auto produces and sells an auto part for $60 per unit. In 2017, 120,000 parts were produced and 75,000 units were sold. Other information for the year includes:

Direct materials$20 per unit
Direct manufacturing labor$5 per unit
Variable manufacturing costs$3 per unit
Sales commissions$7 per part
Fixed manufacturing costs$760,000 per year
Administrative expenses, all fixed$270,000 per year

What is the inventoriable cost per unit using variable costing?
A) $20
B) $25
C) $28
D) $35
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
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Kstan109Kstan109
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5 years ago
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jhester60 Author
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#2
5 years ago
Good timing, thanks!
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