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Fortran Industries Produces Burner Elements for Stoves

Question 20

Multiple Choice

Fortran Industries produces burner elements for stoves.Each element sells for $20,and the company sells approximately 2,000,000 elements each year.Unit cost data for the year follows: Fortran Industries produces burner elements for stoves.Each element sells for $20,and the company sells approximately 2,000,000 elements each year.Unit cost data for the year follows: The unit cost of an element for variable costing inventory purposes is: A) $15.50 B) $12.00 C) $10.50 D) $7.00 The unit cost of an element for variable costing inventory purposes is:


A) $15.50
B) $12.00
C) $10.50
D) $7.00

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