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During its first year of operations, Connor Company paid $37,510 for direct materials and $18,900 in wages for production workers. Lease payments and utilities
During its first year of operations, Connor Company paid $37,510 for direct materials and $18,900 in wages for production workers. Lease payments and utilities on the production facilities amounted to $7,900. General, selling, and administrative expenses were $8,900. The company produced 5,900 units and sold 4,900 units for $15.90 a unit. The average cost to produce one unit is which of the following amounts? Multiple Choice $9.27 $10.90 $13.12 $12.41
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