Question
Anthony Products manufactures a line of desk chairs. Anthony's production operations are divided into two departments Department 1 and Department 2. The company uses
Anthony Products manufactures a line of desk chairs. Anthony's production operations are divided into two departments — Department 1 and Department 2. The company uses a process costing system. Anthony incurred the following costs during the year to produce 25,700 chairs:
Department 1 $863,500
Department 2 $287,000
If Anthony sells 22,600 chairs during the year, what will be the cost per chair produced? (Round your answer to two decimal places.)
A) $33.60
B) $38.21
C) $44.77
D) $50.91
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
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