Question: Not sure how to solve this- Any help would be great. Thanks! During its first year, Concord, Inc., showed an $33 per-unit profit under absorption
Not sure how to solve this- Any help would be great. Thanks!
During its first year, Concord, Inc., showed an $33 per-unit profit under absorption costing but would have reported a total profit $23, 100 less under variable costing. If production exceeded sales by 700 units and an average contribution margin of 60% was maintained, what is the apparent: Fixed cost per unit? $ per unit Sales price per unit? $ per unit Variable cost per unit? $ per unit Unit sales volume if total profit under absorption costing was $165,000? units
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