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Question
Given the following numbers from Webster Company, match the correct value with its appropriate term.
Webster Company sells a product for $20. Unit cost information is as follows:
Direct materials $7
Direct labor $3
Variable overhead $4
Fixed overhead $1
Webster normally produces 50,000 units and the fixed overhead rate is based on this amount. Fixed selling and administrative expense is $87,000.
a. $6
b. 30%
c. $14
d. 70%
e. $290,000
f. 14,500
Answer
This answer is hidden. It contains 1 characters.
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