Use the Information Below to Answer the Following Question(s)

question 22

Multiple Choice

Use the information below to answer the following question(s) .Beauty Supply Company manufactures shampoo.The supervisor has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. There were no beginning or ending inventories of materials or work-in-process.
-What is the per unit manufacturing cost using absorption costing?

• A)$23.00
• B)$18.00
• C)$27.00
• D)$12.00
• E)$10.00

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Definitions:

Gold Standard

A monetary system in which the value of a country's currency is directly linked to the amount of gold held in reserve.

American Farmers

Individuals in the United States engaged in agriculture, contributing to food production and the rural economy.

Economic Power

The ability of an entity, whether a country, organization, or individual, to influence or control economic activities, markets, and resources, often correlating with wealth and production capabilities.