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Deprecated Deprecated
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Posts: 2784
7 years ago
Candy Man, Inc. reports the following information:

Beginning Finished Goods Inventory   60   units
Units produced   550   units
Units sold   610   units
Sales price   $130   per unit
Direct materials   $17   per unit
Direct labor   $10   per unit
Variable manufacturing overhead   $17   per unit
Fixed manufacturing overhead   $14,000   per year
Variable selling and administrative costs   $6   per unit
Fixed selling and administrative costs   $12,500   per year

What is the unit product cost using variable costing? (Round your answer to the nearest cent.)
A) $69.45
B) $52.45
C) $44.00
D) $98.18
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Posts: 1272
7 years ago
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Deprecated Author
wrote...
7 years ago
Thanks!
wrote...
6 years ago
awesome!
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