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Business, 13.08.2021 01:00 blake2001

Excerpt from Areojet Corporation records for month of February: Per Unit Per Month
Selling price $ 200,000
Direct materials used in production 40,000
Direct labor 10,000
Variable manufacturing overhead 2,000
Fixed manufacturing overhead $ 120,000
Variable selling and administrative expenses 20,000
Fixed selling and administrative expenses 40,000
February
Beginning Inventory 0
Units Produced 3
Units Sold 3
Ending inventory 0
Assuming the absorption costing method is used, what is the total manufacturing costs added to work in process during the month of February?
a) $52,000
b) $92,000
c) $87,000
d) $122,000

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Excerpt from Areojet Corporation records for month of February: Per Unit Per Month
Selling pr...
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