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Consider the following data for Magnimus Corporation. Sales in units Sales revenue Direct materials Direct labour Manufacturing overhead Sales commission Other selling expenses Administrative expenses
Consider the following data for Magnimus Corporation. Sales in units Sales revenue Direct materials Direct labour Manufacturing overhead Sales commission Other selling expenses Administrative expenses July 4,200 $399,000 76,020 93,030 62,980 31,500 41,120 32,050 August 4,600 $437,000 83,260 101,890 66,180 34,500 42,320 32,050 September 5,200 $494,000 94,120 115,180 70,980 39,000 44,120 32,050 Required: What is the average price per unit sold? Average price per unit
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