Given the following data, calculate product cost per unit under absorption costing. Direct labor RM 18 per unit Direct materials RM 12 per unit Overhead Total variable overhead RM 31,000 Total fixed overhead RM 101,000 Expected units to be produced 51,000 units Multiple Choice a.30.00 per unit b.30.61 per unit c.31.98 per unit d.32.59 per unit e.33.00 per unit

Given the following data, calculate product cost per unit under absorption costing. Direct labor RM 18 per unit Direct materials RM 12 per unit Overhead Total variable overhead RM 31,000 Total fixed overhead RM 101,000 Expected units to be produced 51,000 units Multiple Choice a.30.00 per unit b.30.61 per unit c.31.98 per unit d.32.59 per unit e.33.00 per unit

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Description: Given the following data, calculate product cost per unit under absorption costing.Direct laborRM18 per unitDirect materialsRM12 per unitOverheadTotal variable overheadRM31,000Total fixed overheadRM101,000Expected units to be produced51,000 unitsMul

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 4MC: Overhead costs are assigned to each product based on __________________. A. the proportion of that...

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