Essay
A company reports the following information regarding its production cost:
Required: Perform the following independent calculations.
a. Compute total variable overhead cost if the production cost per unit under variable costing is $73.
b. Compute total variable overhead cost if the production cost per unit under absorption costing is $73.
Correct Answer:
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a. $13 DL + $3 DM + (VOH/14,000) = $73
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