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Compute per unit manufacturing cost under variable costing

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Question - Concord Corporation sells its product for $80 per unit. During 2016, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $22, direct labor $12, and variable overhead $2. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under variable costing is

$48.

$49.

$34.

$36.

Reference no: EM131761316

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