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Business, 16.12.2020 17:20 narnia85

Concord Corporation sells its product for $50 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $9, direct labor $11, and variable overhead $4. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under absorption costing is $36. $38. $24. $20.

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