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Erie Company Manufactures a Single Product

Question 43

Multiple Choice

Erie Company manufactures a single product. Assume the following data for the year just completed:
Erie Company manufactures a single product. Assume the following data for the year just completed: There were no units in inventory at the beginning of the year. During the year, 30,000 units were produced and 25,000 units were sold. Each unit sells for $35. -Under absorption costing,what was the unit product cost? A) $8.00. B) $10.75. C) $13.00 D) $17.75.
Erie Company manufactures a single product. Assume the following data for the year just completed: There were no units in inventory at the beginning of the year. During the year, 30,000 units were produced and 25,000 units were sold. Each unit sells for $35. -Under absorption costing,what was the unit product cost? A) $8.00. B) $10.75. C) $13.00 D) $17.75.
There were no units in inventory at the beginning of the year. During the year, 30,000 units were produced and 25,000 units were sold. Each unit sells for $35.
-Under absorption costing,what was the unit product cost?


A) $8.00.
B) $10.75.
C) $13.00
D) $17.75.

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