not use ai solution given correct answer general accounting Sweet Treats Bakery produces cookies that sell for $4.50 each. During November, theyproduced 4,000 cookies but sold only 3,500 cookies. The variable cost per cookie is $2.50,and the sales commission is $0.30 per cookie. Total fixed manufacturing costs are $2,000,and total fixed marketing and administrative costs are $1,800. What is the product cost percookie under absorption costing?A. $4.50B. $2.50C. $3.00D. $4.80

Step 1: Define Absorption CostingUnder absorption costing, the product cost per unit…

Answered: Sweet Treats Bakery produces cookies…

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 62P

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