Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Financial Accounting

Shore Electronics Ltd. reports the following information
regarding its production cost:
Cost Component
Value
Units Produced
50,000 units
Direct Labor
$42 per unit
Direct Materials
$45 per unit
Fixed Overhead
$125,000 (total)
Variable Overhead $320,000 (total)
Compute the production cost per unit under absorption
costing.
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Transcribed Image Text:Shore Electronics Ltd. reports the following information regarding its production cost: Cost Component Value Units Produced 50,000 units Direct Labor $42 per unit Direct Materials $45 per unit Fixed Overhead $125,000 (total) Variable Overhead $320,000 (total) Compute the production cost per unit under absorption costing.
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