Bramble Corp. sells its product for $60 per unit. During 2019, it produced 60000 units and sold50000 units (there was no beginning inventory). Costs per unit are: direct materials $13, directlabor $15, and variable overhead $4. Fixed costs are: $720000 manufacturing overhead, and$90000 selling and administrative expenses. Cost of goods sold under absorption costing isO $2200000O $1600000.o $1650000.O $1500000.eTextbook and Media

Calculate the unit cost and the cost for 50,000 units.

Answered: Bramble Corp. sells its product for $60…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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