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QRS Company incurred total manufacturing costs of $400,000 during the year, producing 60,000 units. It sold 55,000 units during the year. The company also incurred
QRS Company incurred total manufacturing costs of $400,000 during the year, producing 60,000 units. It sold 55,000 units during the year. The company also incurred total non-manufacturing costs of $150,000 during the same period. Calculate the cost per unit, the cost of goods sold, and the ending inventory cost for the year.
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