Peterson Enterprises manufactures picture frames
Its production operations are divided into two departments - Assembly and Finishing. The company uses a process costing system. Peterson incurred the following costs during the year to produce 6,000 picture frames:
Assembly $9,700
Finishing $2,250
If Peterson can only sell 5,100 picture frames during the year, what will be the cost per unit of the picture frames produced? (Round your answer to the nearest cent.)
A) $2.34
B) $1.99
C) $1.62
D) $1.90
B .B) Total costs / number of units produced = cost per unit
$11,950 / 6,000 = $1.99
You might also like to view...
The product manager of Opa Energy Drinks visited the buying centre of Farkle Grocers, a medium-sized chain of grocery stores across western Canada, and performed a number of persuasive product presentations. What is the product manager following?
a. a pull strategy b. a push-pull strategy c. a push strategy d. a demand strategy
Jet Blue Airways' Customer Bill of Rights is typical of the enlightened attitude companies have toward customers today
Indicate whether the statement is true or false