Question
JIT Manufacturing and Process Costing Friedman Company uses JIT manufacturing. There are several manufacturing cells set up within one of its factories. One of the
JIT Manufacturing and Process Costing
Friedman Company uses JIT manufacturing. There are several manufacturing cells set up within one of its factories. One of the cells makes stands for flat-screen televisions. The cost of production for the month of April is given below.
| Cell labor | $35,000 |
| Direct materials | 265,000 |
| Overhead | 120,000 |
| Total | $420,000 |
During April, 30,000 stands were produced and sold.
Required:
Calculate the cost per unit for a stand. $fill in the blank 1 per unit
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv
9th Edition
130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309
