Shore Company Reports the Following Information Regarding Its Production Cost

question 56

Multiple Choice

Shore Company reports the following information regarding its production cost.
$\begin{array}{ll}\text { Units produced } & 28,000 \text { units } \\\text { Direct labor } & \$ 23 \text { per unit } \\\text { Direct materials } & \$ 24 \text { per unit } \\\text { Variable overhead } & \$ 280,000 \mathrm{in} \text { total } \\\text { Fixed overhead } & \$ 94,920 \mathrm{in} \text { total }\end{array}$

Compute production cost per unit under absorption costing.

• A) $57.00
• B) $60.39
• C) $47.00
• D) $23.00
• E) $24.00

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Definitions:

Kentucky

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Statements drafted by James Madison and Thomas Jefferson in 1798 that argued states could nullify federal laws considered unconstitutional.

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The quality of being in accordance with a country's constitution or being permissible under its constitutional law.

Handsome Lake

A Seneca religious leader of the Iroquois people in the late 18th and early 19th centuries, who advocated for moral reform and introduced the Longhouse Religion.