Question
Last year, a company used direct materials valued at 70,000$ and the wages of production workers were 52,000$ The fixed manufacturing overhead was 22,000$ and
Last year, a company used direct materials valued at 70,000$ and the wages of production workers were 52,000$ The fixed manufacturing overhead was 22,000$ and the variable manufacturing overhead was 10,000$ The company produced 6,000 units and of those, 5,200 units were sold for 198$ each.
What was the production cost per unit for the year?
Step by Step Solution
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Step: 1
To calculate the production cost per unit for the year we need to consider the direct m...
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
5th Canadian edition
77429494, 1259105709, 1260480798, 978-1259105708
