FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Pierre Corporation manufactures a single product that it sells for $122 per unit. The company had the following cost structure thsi year:
- Variable
Manufacturing Cost per unit: $27 - Variable Selling and Administrative cost per unit: $14
- Fixed Manufacturing Cost, Total: $2,713,000
- Fixed Selling and Administrative Costs, Total: $1,282,000
Under absorption costing, the unit product cost is:
Select one:
A.
$56.17
B.
$87.45
C.
$28.91
D.
$70.17
E.
$55.91
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