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The Southern Corporation manufactures a single product and has the following cost structure:
Variable costs per unit: $ 38
Production
Selling and administrative $ 14
Fixed costs per year:
Production $ 140,000
Selling and administrative $ 84,000
Last year, 7,000 units were produced and 6,800 units were sold. There was no beginning inventory.
Under variable costing, the unit product cost would be
Answers: 3
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The Southern Corporation manufactures a single product and has the following cost structure:
Variab...
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