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Question
Magenta Inc. reports the following information for the current year, which is its first year of operations:Units produced this year 750,000 units
Units sold this year 740,000 units
Direct materials $18.30 per unit
Direct labor $14.20 per unit
Variable overhead ? in total
Fixed overhead $4,500,000 in total
If the company's cost per unit of finished goods using absorption costing is $39.75, what is total variable overhead?
A. $925,000
B. $877,500
C. $937,500
D. $865,800
E. $5,437,500
Answer
This answer is hidden. It contains 133 characters.
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