On February 1,Job 12 had a beginning balance of $200.During February,direct materials of $500 and direct labor of $200 were added to the job.Overhead is applied to production at a rate of 55% of direct labor.There are 5 units in Job 12. What is the unit cost?
A) $202
B) $1,010
C) $162
D) $810
E) none of these
Correct Answer:
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