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Business

Accounting

What is the total cost per unit for the 800,000 units produced

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Bambina corporation, manufacturer of beauty products has the following partially completed manufacturing cost data for its manufacturing The relevant range of production is 800,000 to 1,200,000 per year What is the total cost per unit for the 800,000 units produced

Units produced
800,000
960,000
1,200,000
Total production costs
Total variable costs
320,000
?
?
Total fixed costs
480,000
?
Total costs
800,000
?
?
Total cost per unit
Variable cost per unit
?
?
?
Fixed cost per unit
?
?
?
Total cost per unit
?
?
?

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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