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Author Question: Fast Track Auto produces and sells an auto part for $85 per unit. In 2017, 110,000 parts were ... (Read 93 times)

Anajune7

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Fast Track Auto produces and sells an auto part for $85 per unit. In 2017, 110,000 parts were produced and 90,000 units were sold. Other information for the year includes:

Direct materials$23 per unit
Direct manufacturing labor$6 per unit
Variable manufacturing costs$1 per unit
Sales commissions$6 per part
Fixed manufacturing costs$790,000 per year
Administrative expenses, all fixed$310,000 per year

What is the inventoriable cost per unit using absorption costing?
◦ $30.00
◦ $36.00
◦ $37.18
◦ $40.00


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Marked as best answer by Anajune7 on Mar 6, 2021

vickyvicksss

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Anajune7

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Reply 2 on: Mar 6, 2021
Excellent


shailee

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Reply 3 on: Yesterday
:D TYSM

 

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