Question
Phoenix Manufacturing produces 10,000 units of a product, incurring total manufacturing costs of $150,000. The breakdown of manufacturing costs includes: Direct Materials: $60,000 Direct Labor:
Phoenix Manufacturing produces 10,000 units of a product, incurring total manufacturing costs of $150,000. The breakdown of manufacturing costs includes:
- Direct Materials: $60,000
- Direct Labor: $40,000
- Manufacturing Overhead: $50,000
Calculate the following: a) Average cost per unit. b) Cost per unit for direct materials. c) Cost per unit for direct labor. d) Cost per unit for manufacturing overhead.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
