Shore Company reports the following information regarding its production cost. Units produced 37,000 units Direct labor $32 per unit Direct materials $33 per unit Variable overhead $289,000 in total Fixed overhead $103,920 in total Compute production cost per unit under absorption costing. a) $73.00 b) $75.62 c) $65.00 d) $32.00 e) $33.00

Principles of Accounting Volume 2
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Chapter5: Process Costing
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Shore Company reports the following information regarding its production cost. Please provide answer the general accounting question

Shore Company reports the following information regarding its production cost.
Units produced
37,000 units
Direct labor
$32 per unit
Direct materials
$33 per unit
Variable overhead $289,000 in total
Fixed overhead
$103,920 in total
Compute production cost per unit under absorption costing.
a) $73.00
b) $75.62
c) $65.00
d) $32.00
e) $33.00
Transcribed Image Text:Shore Company reports the following information regarding its production cost. Units produced 37,000 units Direct labor $32 per unit Direct materials $33 per unit Variable overhead $289,000 in total Fixed overhead $103,920 in total Compute production cost per unit under absorption costing. a) $73.00 b) $75.62 c) $65.00 d) $32.00 e) $33.00
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