Hayes inc. provided the following information for the year 2015:
beginning inventory 1...
Hayes inc. provided the following information for the year 2015:
beginning inventory 100 units
units produced 750 units
units sold 800 units
selling price $150/unit
direct materials $35/unit
direct labor $16/unit
variable manufacturing overhead $15/unit
fixed manufacturing overhead $24,000/yr
variable selling/administrative costs $8/unit
fixed selling/administrative costs $15,500/yr
what is the unit product cost for the year using absorption costing?
Answers: 3
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