Question: Exercise 6-1 (Algo) Variable and Absorption Costing Unit Product Costs (L06-17 ida Company produces a handcrafted musical instrument called a gamelan that is similar to
Exercise 6-1 (Algo) Variable and Absorption Costing Unit Product Costs (L06-17 ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $939. Selected data for the company's operations last year follow Units in beginning inventory Units produced 18,000 Units sold 15,000 Units in ending inventory Variable costs per uniti Direct materials $ 280 Direct Tabor $ 420 Variable manufacturing overhead $65 Variable selling and administrative $ 10 Fixed costs Fixed manufacturing overhead $980, ere Fixed selling and administrative 5 670,00 Required: Assume that the company uses absorption costing. Compute the unit product cost for one gamelan (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. A contingut productos 2. Vale con un producto
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