Given the following data, total product cost per unit under absorption costing will be $400 greater than total product cost per unit under variable costing.Direct labor$1.50per unitDirect materials$1.50per unitOverhead Total variable overhead$900,000 Total fixed overhead$1,200,000 Expected units to be produced 3,000units
Answer the following statement true (T) or false (F)
True
$1,200,000/3,000 = $400 per unit more because of fixed overhead.
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