Shore Company reports the following information regarding its production cost. Units produced 29,000 units Direct labor 24 per unit Direct materials $ 25 per unit 10 per unit $95,920 in total Variable overhead Fixed overhead Compute product cost per unit under absorption costing. Multiple Choice $62.31 $59.00 $49.00 $25.00

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Shore Company reports the following information regarding its production cost.
Units produced
29,000 units
Direct labor
$
24 per unit
Direct materials
$
25 per unit
10 per unit
$95,920 in total
Variable overhead
$
Fixed overhead
Compute product cost per unit under absorption costing.
Multiple Choice
$62.31
$59.00
$49.00
(O $25.00
Transcribed Image Text:Shore Company reports the following information regarding its production cost. Units produced 29,000 units Direct labor $ 24 per unit Direct materials $ 25 per unit 10 per unit $95,920 in total Variable overhead $ Fixed overhead Compute product cost per unit under absorption costing. Multiple Choice $62.31 $59.00 $49.00 (O $25.00
$ 25 per unit
10 per unit
Direct materials
Variable overhead
$
Fixed overhead
$95,920 in total
Compute product cost per unit under absorption costing.
Multiple Choice
$62.31
$59.00
$49.00
$25.00
$24.00
Transcribed Image Text:$ 25 per unit 10 per unit Direct materials Variable overhead $ Fixed overhead $95,920 in total Compute product cost per unit under absorption costing. Multiple Choice $62.31 $59.00 $49.00 $25.00 $24.00
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