Hayes Incorporated provided the following information for the current year: Beginning inventory Units produced Units sold...
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Hayes Incorporated provided the following information for the current year: Beginning inventory Units produced Units sold Selling price Direct materials Direct labor 100 750 800 $150 $ 35 $ 16 units units units /unit /unit /unit /unit Variable manufacturing overhead $15 Fixed manufacturing overhead $ 24,000/year Variable selling/administrative costs $8 /unit Fixed selling/administrative costs $15,500/year What is the product cost per unit for the year using absorption costing? Hayes Incorporated provided the following information for the current year: Beginning inventory Units produced Units sold Selling price Direct materials Direct labor 100 750 800 $150 $ 35 $ 16 units units units /unit /unit /unit /unit Variable manufacturing overhead $15 Fixed manufacturing overhead $ 24,000/year Variable selling/administrative costs $8 /unit Fixed selling/administrative costs $15,500/year What is the product cost per unit for the year using absorption costing?
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
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