Information from the records of the Conundrum Company for September 2018 was as follows: Sales $307,500 Selling and administrative expenses 52,500 Direct materials used 66,000 Direct labor 75,000 Variable factory overhead 50,000 Factory overhead 51,250 Inventories Sept. 1, 2018 Sept 30, 2018 Direct materials $ 8,000 $10,500 Work in process 18,750 21,000 Finished goods 17,250 14,250 Conundrum Corporation produced 20,000 units. What is the total product cost per unit? a.$12.1125 b.$12.175 c.$14.7375 d.$12.2375
Information from the records of the Conundrum Company for September 2018 was as follows: Sales $307,500 Selling and administrative expenses 52,500 Direct materials used 66,000 Direct labor 75,000 Variable factory overhead 50,000 Factory overhead 51,250 Inventories Sept. 1, 2018 Sept 30, 2018 Direct materials $ 8,000 $10,500 Work in process 18,750 21,000 Finished goods 17,250 14,250 Conundrum Corporation produced 20,000 units. What is the total product cost per unit? a.$12.1125 b.$12.175 c.$14.7375 d.$12.2375
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...
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Information from the records of the Conundrum Company for September 2018 was as follows:
Conundrum Corporation produced 20,000 units.
What is the total product cost per unit?
| Sales | $307,500 |
| Selling and administrative expenses | 52,500 |
| Direct materials used | 66,000 |
| Direct labor | 75,000 |
| Variable factory overhead | 50,000 |
| Factory overhead | 51,250 |
| Inventories | ||
| Sept. 1, 2018 | Sept 30, 2018 | |
| Direct materials | $ 8,000 | $10,500 |
| Work in process | 18,750 | 21,000 |
| Finished goods | 17,250 | 14,250 |
Conundrum Corporation produced 20,000 units.
What is the total product cost per unit?
a.$12.1125
b.$12.175
c.$14.7375
d.$12.2375
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