Answer :
The accounting records of a corporation that manufactures two items, a and b, showed the direct material and direct labor costs per unit. According to activity-based costing, the unit price of product B is $138.
An organization that is permitted by the state to act as a single entity and is recognized as such in law for specific purposes is known as a corporation. This organization is typically a company or group of persons. Early corporations have charters that set them up. In most jurisdictions today, new corporations can be formed through registration. Although there are many distinct sorts of corporations, they are often categorized by the law of the country in which they were established based on one of two factors: whether they can issue stock or if they were established with the intention of making a profit.
A corporation can be categorized as sole or aggregate, depending on how many owners there are (a legal entity consisting of a single incorporated office occupied by a single natural person).
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