Question: Compute the production cost per unit under the absorption costing Sherwood Industries reports the following information regarding its production cost: Units produced 35,000 units Direct

Compute the production cost per unit under the absorption costing

Sherwood Industries reports the following information regarding its production cost: Units produced 35,000 units Direct labor $18.75 per unit Direct materials | $27.80 per unit Variable overhead | $525,000 in total Fixed overhead | $126,000 in total Compute the production cost per unit under absorption costing. Answer Choices: a. $65.15 b. $49.00 c. $64.50 d. $66.00

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