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Question 28 (3 points) Use the following information for items 28, 29, 30, 31 and 32. Golden Rams Company produced and sold 1,000 units
Question 28 (3 points) Use the following information for items 28, 29, 30, 31 and 32. Golden Rams Company produced and sold 1,000 units of the company product in January 2021. You have collected the following information from the accounting information system. Sales price (per unit) Manufacturing costs: $650 Fixed overhead (for the month). Direct labor (per unit). $50,000 40 Direct materials (per unit). Variable overhead (per unit) 115 25 Marketing and administrative costs: Fixed costs (for the month) $67,000 Variable costs (per unit) 12 What is the conversion cost per unit? $115. $155. $180. $230.
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