Question
PLEASE ANSWER THIS ASAAAP PLZZZ!!! Lawson Company reported the following: Manufacturing costs AED 9,000,000 Units manufactured 360,000 Units sold 336,000 units sold for AED 84
PLEASE ANSWER THIS ASAAAP PLZZZ!!!
Lawson Company reported the following:
Manufacturing costs AED 9,000,000
Units manufactured 360,000
Units sold 336,000 units sold for AED 84 per unit
Beginning inventory 0 units
1. Determine the average manufacturing cost per unit is and the amount of ending finished goods inventory (in AED).
2. Explain what is the difference between service providing company and manufacturing company, present examples of costs of sales in the service company (e.g. food delivery service company, only food distribution) and costs of goods sold in the manufacturing company. (meat can processing company)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started