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What was the cost per unit last year

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Reference no: EM132814678

Question - A corporation produces and sells smart phones. The following information relates to operations for the last year:

Variable cost per unit $5.20

Total fixed manufacturing overhead cost $260,000

Total fixed selling and administrative cost $180,000

Units produced and sold 400,000

Using absorption costing, what was the cost per unit last year?

A. $6.30

B. $4.55

C. $5.85

D. $5.00

Reference no: EM132814678

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