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
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
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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Shore Company reports the following information regarding its production cost. Please provide answer the general accounting question

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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