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Sprinkle Co. sells its product for $60 per unit. During 2019, it produced 60,000 units and sold 50,000 units (there was no beginning inventory) . Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $720,000 manufacturing overhead, and $90,000 selling and administrative expenses.
-The per unit manufacturing cost under absorption costing is
Neo-Piagetian Research
A field of study that extends and modifies Jean Piaget's theory of cognitive development, incorporating new findings on information processing, memory capabilities, and individual differences in children.
Cognitive Functioning
Refers to the mental processes involved in acquiring knowledge and understanding, including thinking, knowing, remembering, judging, and problem solving.
Developmental Stages
Distinct phases of growth and development that an individual passes through from infancy to adulthood, each characterized by unique physical, psychological, or cognitive changes.
Formal Operational Thought
A stage in Piaget's theory of cognitive development where individuals develop the ability to think about abstract concepts.
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