Zeklen Company Had the Following Data for the Month

question 203

Multiple Choice

Zeklen Company had the following data for the month:
Fixed overhead is $2,000 per month; it is applied to production based on normal activity of 1,000 units.During the month, 3,000 units were produced.Zeklen started the month with 200 units in beginning inventory, with unit product cost equal to this month's unit product cost.A total of 1,200 units were sold during the month at a price of $10.Selling and administrative expense for the month, all fixed, totaled $2,400.
What is the unit product cost under absorption costing?

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Definitions:

Communication Process

The series of steps and stages through which information is transmitted and received between communicators.

Sociopsychological Factors

Elements that influence an individual's behavior and attitudes, combining social and psychological aspects, such as group dynamics and personal motivations.

Zoning

The process of dividing land into zones for different purposes such as residential, commercial, or industrial use, governed by local government regulations.

Ownership

The legal right or condition of having control over property, which includes both the possession and title of the property.