Refer to the information for Barnard Company above. Prime cost per unit for is Last year, Barnard

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Refer to the information for Barnard Company above. Prime cost per unit for is
Last year, Barnard Company incurred the following costs:
Direct materials .............$ 50,000
Direct labor ................ 20,000
Manufacturing overhead .......... 130,000
Selling expense ............. 40,000
Administrative expense ......... 36,000
Barnard produced and sold 10,000 units at a price of $31 each.
a. $7.00.
b. $20.00.
c. $15.00.
d. $5.00.
e. $27.60.
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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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