Chapter 22, Problem 5BE

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Financial Accounting Question

I am searching for the correct answer to this general accounting problem with proper accounting rules.

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Kodak Inc. sells its product for $95 per unit. During 2023, it produced 85,000 units and sold 68,000 units (there was no beginning inventory). Costs per unit are: direct materials $22, direct labor $19, and variable overhead $6. Fixed costs are: $1,275,000 manufacturing overhead, and $127,000 selling and administrative expenses. The per-unit manufacturing cost under absorption costing is__. Help

6 Marks

General Accounting

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