The total product cost per unit under absorption costing is: $75.
In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.
The cost per unit
$
Direct material 28
Direct labor 24
Variable overhead 10
Fixed cost 13
Cost per unit 75
Cost of Inventory
Number of units = 1000
Cost per unit = $75
Value = 1000 * $75 = $75,000
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Below are the <span> two reasons why the data might not support the hypothesis:
</span><span>
1) The hypothesis was wrong
2) The data is wrong
A hypothesis is a proposed thought that may clarify a perception or marvels. It is confirmed by testing it. In the event that the information bolsters the theory, at that point, we view the speculation as checked and genuine. Assuming, be that as it may, the information does not bolster the speculation or discredits it, at that point the theory is in a bad position, and we need to concoct an alternate speculation to clarify the perceptions.
</span>
I believe that is an example of <span>disengagement theory.
</span><span>disengagement theory believe that a person will eventually disengage with his/her current social group as he/she got older.
This could happen either because that person already accomplish their final fulfillment in life or could no longer relate with the value that held by the current social group.</span>
Answer: diminishing marginal product
Explanation:
A. When a firm in the market increase its level of production it results in reduction of cost which is called economies of scale.
B. Increase in cost that resulted due to unnecessary increase in level of production is called diseconomies of scale.
C. Increasing marginal product can be defined as the increase in output resulting due to employment of one more unit of input such as labor.
D. Diminishing marginal product can be defined as the decrease in output resulting due to employment of one more unit of input such as labor.
From the above explanation we can conclude that right answer is diminishing marginal product .