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Category > Accounting Posted 22 Jul 2017 My Price 4.00

shampoo called Cleanfur

Klotz Co. manufactures a dog shampoo called Cleanfur. Relevant data for Cleanfur in January 2013, the first month of production, are as follows:

Selling price

$26 per unit

Units

Produced 20,000; sold 15,000; beginning inventory zero

Variable manufacturing unit costs

$10

Fixed costs

Manufacturing overhead $140,000 Selling and administrative expenses $30,000

The per unit costs under both absorption and variable costing are:

 

Absorption

 
 

$10

$7

 

$7

$10

 

$17

$7

 

$17

$10

Answers

(5)
Status NEW Posted 22 Jul 2017 08:07 PM My Price 4.00

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