Question: 1. 2. Product #71B sells for $75 per unit. Direct materials are $12, direct labor is $10, and variable manufacturing overhead is 80% of direct
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Product \#71B sells for $75 per unit. Direct materials are $12, direct labor is $10, and variable manufacturing overhead is 80% of direct labor costs per unit. Variable selling and administrative expenses average $5 per unit sold. If fixed manufacturing overhead is $40,000 when fixed selling and administrative expenses total $50,000, determine net income using variable costing when 10,000 units are produced and 9,250 units are sold. $320,000 $272,500 $280,000 $283,000 A combanv has the following information $20.40 $28.67 $23.00 $17.00
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