A Manufacturer Reports the Following Costs to Produce 10,000 Units

question 166

Multiple Choice

A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials,$10 per unit,Direct labor,$6 per unit,Variable overhead,$70,000,and Fixed overhead,$120,000.
-The total product cost per unit under absorption costing is:

• A)$16 per unit.
• B)$23 per unit.
• C)$35 per unit.
• D)$28 per unit.
• E)$17 per unit.

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Definitions:

Remuneration

Remuneration is the compensation or payment an individual receives for their labor or services, including wages, salaries, and bonuses.

Flexible Working Hours

A work arrangement that allows employees to choose their working times within pre-defined limits.

HRM Process

The continuous cycle of activities related to managing an organization's workforce, including recruitment, selection, training, evaluation, and compensation.

Organisational Mission

A statement or declaration that summarizes an organization's core purpose, goals, and values, guiding its strategies and decisions.