Montana Industries has computed the following unit costs for the year just ended: Variable manufacturing overhead$85 Fixed manufacturing overhead 20 Variable selling and administrative cost 18 Fixed selling and administrative cost 11 Which of the following choices correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing?
A. Variable, $85; absorption, $116.
B. Variable, $103; absorption, $116.
C. Variable, $85; absorption, $105.
D. Variable, $103; absorption, $105.
E. None of the answers is correct.
Answer: C
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