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Category > Management Posted 20 Dec 2017 My Price 10.00

Coed Novelties manufactures key chains for college bookstores

Coed Novelties manufactures key chains for college bookstores. During 2003, the company had the following costs:

Direct materials used $ 31,000

Direct labor 18,000

Factory rent 12,000

Equipment deprecation – factory 2,000

Equipment depreciation – office 750

Marketing expense 2,500

Administrative expenses 40,000

35,000 units produced were in 2003. What is the product cost per unit?

a. approximately $1.24

b. $1.80

c. approximately $3.04

d. $1.40

e. approximately $1.82

Answers

CourseLover
(12)
Status NEW Posted 20 Dec 2017 04:12 PM My Price 10.00

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