Given the Following Data,total Product Cost Per Unit Under Absorption

question 58

True/False

Given the following data,total product cost per unit under absorption costing is $9.14.
$\begin{array}{|l|c|}\hline \text { Direct labor } & \$ 0.72 \text { per unit } \\\hline \text { Direct materials } & \$ 0.80 \text { per unit } \\\hline \text { Overhead } & \\\hline \text { Total variable overhead } & \$ 202,500 \\\hline \text { Total fixed overhead } & \$ 140,400 \\\hline & \\\hline \text { Expected units to be produced } & 45,000 \text { units } \\\hline\end{array}$

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Definitions:

Empirical

Relies on, deals with, or can be proven through watching or undergoing something firsthand rather than through theoretical or strictly logical means.

Comparative

Involving the assessment or analysis of similarities and differences between two or more entities.

Pragmatic

A practical approach to problems and affairs, focusing on the results and consequences of actions.

Empirical Reasoning

A method of thinking that relies on observation and experience rather than theory or pure logic.