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Question 1: Given the following data, calculate product cost per unit under absorption costing.
Direct labor$17per unit
Direct materials$11per unit
Overhead Total variable overhead$30,000
Total fixed overhead$100,000
Expected units to be produced 50,000units
Multiple Choice
Option 1: $31.00 per unit
Option 2: $30.60 per unit
Option 3: $28.60 per unit
Option 4: $28.00 per unit
Option 5: $30.00 per unit
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