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Question 29 (3 points) Use the following information for items 28, 29, 30, 31 and 32. Golden Rams Company produced and sold 1,000 units
Question 29 (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) Marketing and administrative costs: 115 25 Fixed costs (for the month) Variable costs (per unit) What is the prime cost per unit? $115. $155. $180. $230. $67,000 12
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