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The management team at Pronghorn Global, a merchandiser of artisanal jewelry, presented the following income statement and partial balance sheet to its board and executive
The management team at Pronghorn Global, a merchandiser of artisanal jewelry, presented the following income statement and partial balance sheet to its board and executive team at the end of last fiscal year. a) What was the full cost of Pronghorn's artisanal jewelry activity last year? How much of this cost was product cost versus onproduct cost? If Pronghorn sold 32,600 pieces of jewelry, what was the average selling price and average full cost per unit? (Round oer unit answers to 2 decimal places, e.g. 15.25.) Full cost Product costs Period costs Average selling price Average full cost/unit $ $ $ $ per unit per unit
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