Question: Johnson manufactures a single product and sells it at $30 per unit. Variable cost: Production $8 Selling and administrative $5 Fixed costs: Production $80,000 Selling and administrative $60,000 20,000 units were produced and 17,000 sold. Absorption cost would be: A. $20 per unit B. 12 per unit C. 13 per unit D. 8 per unit
Question: Johnson manufactures a single product and sells it at $30 per unit. Variable cost: Production $8 Selling and administrative $5 Fixed costs: Production $80,000 Selling and administrative $60,000 20,000 units were produced and 17,000 sold. Absorption cost would be: A. $20 per unit B. 12 per unit C. 13 per unit D. 8 per unit
Chapter1: Financial Statements And Business Decisions
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Problem 1Q
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