A manufacturer reports the following per unit cost information. The company uses absorption costing, and its target markup is 30%. Per unit cost $ 5.90 Variable overhead Fixed overhead Direct materials Direct labor $ 1.90 $ 49.00 $ 11.90 Complete this question by entering your answers in the tabs below. Required A Required B Calculate total product cost per unit. Note: Round your answers to 2 decimal places. Per unit Total product cost using absorption costing $ EA Required A 0.00 Required B >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question
A manufacturer reports the following per unit cost information. The company uses absorption costing, and its target markup is 30%.
Per unit cost
$ 5.90
Variable overhead
Fixed overhead
Direct materials
Direct labor
$ 1.90
$ 49.00
$ 11.90
Complete this question by entering your answers in the tabs below.
Required A
Required B
Calculate total product cost per unit.
Note: Round your answers to 2 decimal places.
Per unit
Total product cost using absorption costing
$
EA
Required A
0.00
Required B >
Transcribed Image Text:A manufacturer reports the following per unit cost information. The company uses absorption costing, and its target markup is 30%. Per unit cost $ 5.90 Variable overhead Fixed overhead Direct materials Direct labor $ 1.90 $ 49.00 $ 11.90 Complete this question by entering your answers in the tabs below. Required A Required B Calculate total product cost per unit. Note: Round your answers to 2 decimal places. Per unit Total product cost using absorption costing $ EA Required A 0.00 Required B >
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