Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Vijay Company reports the following information regarding
its production costs.
Direct materials
$10.40 per unit
Direct labor
$20.48 per unit
Overhead costs for the year:
Variable overhead
$10.40 per unit
Fixed overhead
$201,600
24,000 units
Units produced
Compute its product cost per unit under absorption
costing.
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Transcribed Image Text:Vijay Company reports the following information regarding its production costs. Direct materials $10.40 per unit Direct labor $20.48 per unit Overhead costs for the year: Variable overhead $10.40 per unit Fixed overhead $201,600 24,000 units Units produced Compute its product cost per unit under absorption costing.
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