Answer the following question(s) using the information below.Gabe's Auto produces and sells an auto part for $30.00 per unit.In 2012, 100,000 parts were produced and 75,000 units were sold.Other information for the year includes:
-What is the inventoriable cost per unit using absorption costing?
Definitions:
Modernizing Economies
The process by which traditional or less developed economies transform and grow through industrialization and other changes.
Birthrates
The ratio of the number of births in a given population to the total population size, usually expressed per 1000 individuals per year.
Death Rates
A measure of the number of deaths (in general, or due to a specific cause) per population, often expressed per 1,000 or 100,000 individuals per year.
Fertility Rates
The average number of children born to a woman over her lifetime within a specific population or geographic area.
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