Question: Using the information below from Planters, Inc., what is the cost per unit under both variable and absorption costing? Production 5,000 Direct Materials $260 Direct

Using the information below from Planters, Inc., what is the cost per unit under both variable and absorption costing?

Production 5,000
Direct Materials $260
Direct Labor 300
Variable Manufacturing Overhead 80
Fixed Manufacturing Overhead 700,000

Variable Method Absorption Method
Cost per unit $ $

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