Gangwer Corporation produces a single product and has the following cost structure: Number of units produced each year 9,000 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead $58 $28 $20 Variable selling and administrative expense $16 Fixed costs per year: Fixed manufacturing overhead $373,500 Fixed selling and administrative expense $274,500 The absorption costing unit product cost is: a. $147.5 b. $163.5 c. $41.5 d. $99.5
Gangwer Corporation produces a single product and has the following cost structure: Number of units produced each year 9,000 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead $58 $28 $20 Variable selling and administrative expense $16 Fixed costs per year: Fixed manufacturing overhead $373,500 Fixed selling and administrative expense $274,500 The absorption costing unit product cost is: a. $147.5 b. $163.5 c. $41.5 d. $99.5
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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