Dorothy Products sells its products for $40 per unit. Additional data for the month of April, 2014, are as follows: Beginning inventory O units Units produced |10,000 Units sold 8,000 Ending inventory 2,000 Direct materials $5 per unit Direct labor $4 per unit Variable manufacturing overhead $1.50 per unit Fixed manufacturing overhead $20,000 Operating expenses $30,000 Calculate the product cost per unit produced using absorption costing. O $12.50 per unit O $10.50 per unit O $9.00 per unit O $11.00 per unit

Dorothy Products sells its products for $40 per unit. Additional data for the month of April, 2014, are as follows: Beginning inventory O units Units produced |10,000 Units sold 8,000 Ending inventory 2,000 Direct materials $5 per unit Direct labor $4 per unit Variable manufacturing overhead $1.50 per unit Fixed manufacturing overhead $20,000 Operating expenses $30,000 Calculate the product cost per unit produced using absorption costing. O $12.50 per unit O $10.50 per unit O $9.00 per unit O $11.00 per unit

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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