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29 A company manufactures a single product with a selling price of $75 per unit. The table shows
the costs, based on sales and production volume of 8000 units.
$ 000
prime costs 158
variable manufacturing overheads 74
fixed manufacturing overheads 80
variable selling overheads 20
fixed administration overheads 100
If absorption costing is applied, what is the gross profit on each unit sold?
A $21.00 B $36.00 C $43.50 D $46.00
HOW TO GET THE ANSWER
the costs, based on sales and production volume of 8000 units.
$ 000
prime costs 158
variable manufacturing overheads 74
fixed manufacturing overheads 80
variable selling overheads 20
fixed administration overheads 100
If absorption costing is applied, what is the gross profit on each unit sold?
A $21.00 B $36.00 C $43.50 D $46.00
HOW TO GET THE ANSWER