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xlynnnguyenx xlynnnguyenx
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7 years ago
​Lily's Pastries produces​ cupcakes, which sell for $5.20 each. During the current​ month, Lily produced 2,900 ​cupcakes, but only sold 2,300 cupcakes. The variable cost per cupcake was $3.40 and the sales commission per cupcake was $0.70. Total fixed manufacturing costs were $1,600 and total fixed marketing and administrative costs were $1,300. What is the product cost per cupcake under absorption​ costing?
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7 years ago
See if this helps: [Solved] Lily's Pastries produces cupcakes, which sell for $5 each. During the current month, Lily produced 2
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