For the month of January, Vista Corporation produced and sold 12,000 units of a product. Manufacturing and selling costs incurred during January were: Direct material and direct labor         4,800,000 Variable factory overhead                   1,080,000 Fixed factory overhead                         2,400,000 Variable selling costs                             1,200,000  How much is the product’s unit cost under absorption costing ? Group of answer choices P 490 P 500 P510 P 520

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  • For the month of January, Vista Corporation produced and sold 12,000 units of a product. Manufacturing and selling costs incurred during January were:

Direct material and direct labor         4,800,000

Variable factory overhead                   1,080,000

Fixed factory overhead                         2,400,000

Variable selling costs                             1,200,000

 How much is the product’s unit cost under absorption costing ?

Group of answer choices
P 490
P 500
P510
P 520
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