Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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What is the absorption cost per unit on these general accounting question?
Transcribed Image Text:Lark Tech Industries manufactures a single product and
sells it at $45 per unit. Variable cost: Production: $12
Selling and administrative: $8 Fixed costs: Production:
$100,000 Selling and administrative: $80,000 Units
produced: 25,000 Units sold: 20,000
What is the absorption cost per unit?
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