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Home Q & A Board Other Fields Homework Help Business Accounting
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JadeDeLair JadeDeLair
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A month ago
Monroe Corporation produced 20,000 units during the last period. The company incurred the following total costs to produce these units.

Direct materials$240,000
Direct labor160,000
Variable overhead 80,000
Fixed overhead120,000

Required:

a.Under the absorption costing method, what is the average unit product cost?
b.Under the variable costing method, what is the average unit product cost?
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Managerial Accounting

Managerial Accounting


Edition: 4th
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firebug210firebug210
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A month ago
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More solutions for this book are available here
a.($240,000 + $160,000 + $80,000 + $120,000) ÷ 20,000 = $30 average unit product
cost
b.($240,000 + $160,000 + $80,000) ÷ 20,000 = $24 average unit product cost
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JadeDeLair Author
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A month ago
Correct Slight Smile TY
carston
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Yesterday
Thank you, thank you, thank you!
ethom947
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2 hours ago
You make an excellent tutor!
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