Question
Cherry Blossom has collected the following data for March for Product X (there was no beginning inventory): Units produced and sold 50 Sales Price $45
Cherry Blossom has collected the following data for March for Product X (there was no beginning inventory):
| Units produced and sold | 50 |
| Sales Price | $45 |
| Direct materials | $6.40 per unit |
| Direct labor | $6.80 per unit |
| Variable manufacturing overhead | $2.60 per unit |
| Fixed manufacturing overhead | $750 per month |
| Variable selling and administrative costs | $1.50 per unit |
| Fixed selling and administrative costs | $440 per month |
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CISA Certified Information Systems Auditor Study Guide
Authors: David L. Cannon, Timothy S. Bergmann, Brady Pamplin
1st Edition
0782144381, 978-0782144383
