Question
Lemon Company spends $4.5 in variable costs for each product produced. Fixed manufacturing overhead costs are $105482 a year. This year, they produced 10,000 units.
Lemon Company spends $4.5 in variable costs for each product produced. Fixed manufacturing overhead costs are $105482 a year. This year, they produced 10,000 units. What is the average cost per unit produced? Your answer should be input to two decimal places, without using a dollar sign or commas.
What is net income for a merchandising company with the following data?
| Sales revenue | $55000 |
| Utilities | $1100 |
| Inventory on Dec. 31st | $9708 |
| Inventory on Jan 1 | $12000 |
| Rent for shop | $3040 |
| Sales commissions | $4300 |
| Purchases of Merchandise | $36985 |
Input your answers without dollar signs or commas.
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Advanced Accounting
Authors: Paul Marcus Fischer, Rita H Cheng, William James Taylor, Roger Taylor
10th Edition
0324379056, 9780324379051
