Question
JMV Corp. produces strawberry smiggles with the following per-unit costs: Direct materials $4 Direct labor $18 Overhead $7 Last year, JMV Corp. produces and sold
JMV Corp. produces strawberry smiggles with the following per-unit costs:
| Direct materials | $4 |
| Direct labor | $18 |
| Overhead | $7 |
Last year, JMV Corp. produces and sold 215 units at a sales price of $45 each. Total selling and administrative expense was $5,600.
What was the conversion cost per unit last year?
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Financial Accounting The Cornerstone Of Business Decision Making
Authors: Jay S Rich, Jeff Jones, Linda Ann Myers
5th Edition
0357132696, 978-0357132692
