Essay
Masley Corporation has provided the following data for its two most recent years of operation: In Year 1, 10,000 units were produced and in Year 2, 7,000 units were produced.
Required:
a.Assume the company uses absorption costing.Compute the unit product cost in each year.
B.Assume the company uses variable costing.Compute the unit product cost in each year.
Correct Answer:

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