Vijay Company reports the following information regarding its production costs. Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced tA tA Product cost per unit $ 10.10 per unit 20.10 per unit $ $ 170, 100 10.10 per unit 21,000 units Compute its product cost per unit under absorption costing.
Vijay Company reports the following information regarding its production costs. Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced tA tA Product cost per unit $ 10.10 per unit 20.10 per unit $ $ 170, 100 10.10 per unit 21,000 units Compute its product cost per unit under absorption costing.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vijay Company reports the following information regarding its production costs.
Direct materials
Direct labor
Overhead costs for the year
Variable overhead
Fixed overhead
Units produced
$ 10.10 per unit
20.10 per unit
Product cost per unit
ta ta
$
$ 10.10 per unit
$ 170, 100
21,000 units
Compute its product cost per unit under absorption costing.
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