Under the absorption costing system each unit produced was assigned $5 in fixed overhead. cost. Therefore each unit going into inventory at the end of the period has $5 in fixed manufactured. overhead cost attached to it, or a total of $5,000 for 1,000 units (1,000 Ã $5).ariable selling and Administrative expenses $3 Fixed costs per year: Fixed manufacturing overhead $30,000 Fixed selling and administrative expenses $10,000 Required: 1. Compute the unit product cost under absorption costing method.
California Marijuana Laws. Explained by Criminal Defense Lawyers. In November of 2016, California voters passed Proposition 64, which legalized the use of recreational marijuana in California for adults 21 and over, as well as the sale and cultivation of marijuana in compliance with strict regulations.
Let's be clear: California's Proposition 64 is the most important of all the legalization initiatives on the ballot this November. If California passes Proposition 64, the entire West Coast of the US will have legalized recreational and medicinal marijuana use. That's huge.