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WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c sec

ID: 2562198 • Letter: W

Question

WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 64 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 Marigold Corp. sells its product for $50 per unit. During 2016, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $7, direct labor $7, and variable overhead $3. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. The per unit manufacturing cost under absorption costing is 18-19-20 a Question 1 Question 2 Question 4 $29 $17 $30. $14. Question 5 Question Question 7 Question Question 9 Question 10 Question 11 Click if you would like to Show Work for this question: Question13 Question 14 Question 15 Question Attempts: 0 of 1 usedSAVE FOR LATER SUBMIT ANSWER Question 20 Question 25 All Rights Reserved. A Division of lohn Wiley & Sons Inc Version 4.24.2.4

Explanation / Answer

direct material 7

direct labour 7

variable overhead 3

fixed manufacturing overhead (720000 / 60000) = 12

total unit cost = 29

so answer is $29

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