Gore manufacturing incurred the following costs during the, Ask an Expert

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Gore Manufacturing incurred the following costs during the year: direct materials $22 per unit; direct labor $14 per unit; variable manufacturing overhead $17 per unit; variable selling and administrative costs $9 per unit; fixed manufacturing overhead $130,000; and fixed selling and administrative costs $13,000. Gore produced 16,250 units and sold 10,000 units.

Determine the manufacturing cost per unit under (a) absorption costing and (b) variable costing.

		Manufacturing cost
(a)	Absorption Costing	$
(b)	Variable Costing	$

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9944214

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