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During the Current Period, 20,000 Units Were Produced and 17,000

Question 1

Multiple Choice

During the current period, 20,000 units were produced and 17,000 units were sold. Fixed manufacturing costs incurred amounted to $40,000.
- If variable production costs totaled $100,000, what is the cost per unit using absorption costing?


A) $2.00
B) $5.00
C) $7.00
D) $7.35

Correct Answer:

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