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A Product Cost Is Composed of the Following

Question 101

Multiple Choice

A product cost is composed of the following:
A product cost is composed of the following: The product sells for $40 and a 15% commission is paid to a salesperson for every unit sold. Management accountants also estimate that storage cost per unit averages $0.75 per unit. What is the full cost of the product? A) $14 B) $22 C) $28.75 D) $28.00
The product sells for $40 and a 15% commission is paid to a salesperson for every unit sold. Management accountants also estimate that storage cost per unit averages $0.75 per unit. What is the full cost of the product?


A) $14
B) $22
C) $28.75
D) $28.00

Correct Answer:

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