Refer to the information for Barnard Company above Conversion cost
Refer to the information for Barnard Company above. Conversion cost per unit is
Last year, Barnard Company incurred the following costs:
Direct materials ............. $ 50,000
Direct labor ................ 20,000
Manufacturing overhead .......... 130,000
Selling expense ............. 40,000
Administrative expense ......... 36,000
Barnard produced and sold 10,000 units at a price of $31 each.
a. $7.00.
b. $20.00.
c. $15.00.
d. $5.00.
e. $27.60.
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