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Belinda Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.
production volume 1,000 units 3,000 unitsDirect materials $30.90 per unit $30.90 per unitDirect labor $40.20 per unit $40.20 per unitManufacturing overhead $64.60 per unit $33.80 per unit
The best estimate of the total variable manufacturing cost per unit is:A) $89.50B) $18.40C) $71.10D) $30.90
Calculate the GDP in Income Approach and Expenditure Approach
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Each gallon of Old Guard, a popular aftershave lotion, requires 3 ounces of ocean scent. Budgeted production of Old Guard for the first three quarters of 2013 is:
A company is considering additional final inspection costs of $1 per unit before delivery to customers. It currently delivers 60,000 units per year.
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