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Question - During the year 2019, Silent J Company's production was 1.000 units and it sold 900 units at a price of P50 per unit. The following costs were incurred during the year:
Total Cost
Direct Materials P12,000
Direct Labor 10,000
Variable Factory Overhead 3,000
Fixed Factory Overhead 6,000
Variable selling & Admin Expenses 4,500
Fixed Selling and Admin Expenses 3,000
Required - How much is the product cost per unit under absorption costing?
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