The Data below is the summary of the transactions of Ethan Enterprises for the year Beginning inventory

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The Data below is the summary of the transactions of Ethan Enterprises for the year

Beginning inventory 100 units

Units produced 750 units

Unit sold. 800 units

Selling price. $150 per unit

Direct Materials $35 per unit

Direct Labour $16 per unit

Variable Manufacturing Overhead $15 per unit

Fixed Manufacturing Overhead $24,000 per year

Variable, Selling & Administrative Cost $8 per unit

Fixed Selling & Administrative Cost $15,500 per year

Required :

Calculate the unit product cost for the year using absorption costing

Related Book For answer-question

Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Posted Date: Nov 01, 2022 01:33 AM

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The Data below is the summary of the transactions of Ethan Enterprises for the year Beginning inventory

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Direct Materials 35 Add Direct Labour 16 Prim... View the full answer

Financial Accounting

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