Orlando produces and sells a fitbit for $200 per unit. In 2022, 41,000 fitbits were produced and
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Orlando produces and sells a fitbit for $200 per unit. In 2022, 41,000 fitbits were produced and 37,000 were sold. Other information for the year includes:
Direct materials $40.00 per unit
Direct manufacturing labor $12.00 per unit
Variable manufacturing costs $5.00 per unit
Sales commissions $14.50 per unit
Fixed manufacturing costs $68.00 per unit
Administrative expenses, all fixed $38.50 per unit
What is the inventoriable cost per unit using variable and absorption costing?
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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