Economics · Management Accounting
E Co had an opening inventory of 48,500 units and a closing inventory of 45,500 units. Profits based on marginal costing were $315,250 and on absorption costing were $288,250. What is the fixed overhead absorption rate per unit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$5.94
- 2$6.34
- 3$6.50
- 4$9.00✓
Correct answer
$9.00
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