Find each unit of the company inventory would be carried at

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Romano Corporation has computed the following unit costs for the year just ended:

Direct material used $10

Direct labor 15

Variable manufacturing overhead 20

Fixed manufacturing overhead 23

Variable selling and administrative cost 6

Fixed selling and administrative cost 27

Problem 1: Under variable costing, each unit of the company's inventory would be carried at:

Multiple Choice

Option 1: $45.
Option 2: $51.
Option 3: $68.
Option 4: $101.
Option 5: None of the answers is correct.

Reference no: EM132735267

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