A corporation produces and sells smart phones. The following information relates to operations for the last year:
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Question:
A corporation produces and sells smart phones. The following information relates to operations for the last year:
Variable cost per unit
$5.20
Total fixed manufacturing overhead cost
$260,000
Total fixed selling and administrative cost
$180,000
Units produced and sold
400,000
- Using absorption costing, what was the cost per unit last year?
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