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Last year, Barnard Company incurred the following costs: Direct materials $ 50,000 Direct labor 20,000 Manufacturing overhead 130,000 Selling expense 40,000 Administrative expense 36,000 Barnard

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Last year, Barnard Company incurred the following costs: Direct materials $ 50,000 Direct labor 20,000 Manufacturing overhead 130,000 Selling expense 40,000 Administrative expense 36,000 Barnard produced and sold 10,000 units at a price of $31 each. Refer to the information for Barnard Company above. The gross margin per unit is a. $24.00 b. $11,00 c. $16.00 d. $26.00 e. $3.40

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