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Question
A company reports the following information for its first year of operations:
| Units produced this year | 650 units |
| Units sold this year | 500 units |
| Direct materials | $750 per unit |
| Direct labor | $1,000 per unit |
| Variable overhead | ? in total |
| Fixed overhead | $308,750 in total |
If the companys cost per unit of finished goods using variable costing is $2,375, what is total variable overhead?
A. $237,500
B. $75,000
C. $312,500
D. $406,250
E. $97,500
Answer
This answer is hidden. It contains 92 characters.
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