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Consider the following data for Magnimus Corporation. July August September Sales in units 4,000 4,200 4,800 Sales revenue $400,000 $420,000 $480,000 Direct materials 74,000 77,700
Consider the following data for Magnimus Corporation.
| July | August | September | |
| Sales in units | 4,000 | 4,200 | 4,800 |
| Sales revenue | $400,000 | $420,000 | $480,000 |
| Direct materials | 74,000 | 77,700 | 88,800 |
| Direct labour | 88,600 | 93,030 | 106,320 |
| Manufacturing overhead | 63,480 | 65,160 | 70,680 |
| Sales commission | 30,000 | 31,500 | 36,000 |
| Other selling expenses | 41,960 | 43,620 | 44,360 |
| Administrative expenses | 31,550 | 31,550 | 31,550 |
Required:
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61
What is the average price per unit sold?
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
978-0538476232
