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Homework answers / question archive / Lone Star has computed the following unit costs for the year just ended: Direct material used $12 Direct labor $18 Variable manufacturing overhead $25 Fixed manufacturing overhead $29 Variable selling and administrative cost $10 Fixed selling and administrative cost $17 Under absorption costing, each unit of the company's inventory would be carried at: $55

Lone Star has computed the following unit costs for the year just ended: Direct material used $12 Direct labor $18 Variable manufacturing overhead $25 Fixed manufacturing overhead $29 Variable selling and administrative cost $10 Fixed selling and administrative cost $17 Under absorption costing, each unit of the company's inventory would be carried at: $55

Accounting

Lone Star has computed the following unit costs for the year just ended:

Direct material used $12

Direct labor $18

Variable manufacturing overhead $25

Fixed manufacturing overhead $29

Variable selling and administrative cost $10

Fixed selling and administrative cost $17

Under absorption costing, each unit of the company's inventory would be carried at:


$55.


$65.


$84.


some other amount.


$35.

pur-new-sol

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Solution:-

Direct Material = 12

Direct labor = 18

Variable manufacturing overhead = 25

Fixed manufacturing overhead = 29

Company inventories carried at = $ 84

Correct answer is option 3.

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