Question

Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorption costing in Year 2 is closest to:

Answer 1

Answer:

The solution to this issue can be defined as follows:  

Explanation:

Please find the complete question in the attachment file.  

Direct Substances 9  

Direct jobs 5  

Overhead output variable 5  

Overhead of fixed production $14 = \frac{140000}{10000}$

The Unit cost of the item at absorption cost per year $1 = (9+5+5+14)=33$