Barns Manufacturers Ltd manufactured 2467 units of one of its products, B111, in the month of August.
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Question:
Barns Manufacturers Ltd manufactured 2467 units of one of its products, B111, in the month of August. The business incurred a total cost of $114027 during the month, which comprised of direct materials used in the product $49675 and the rest was incurred because of the conversion costs involved in the process The conversion costs included $11717 of indirect labour. There was no opening or closing inventory of B111. Compute the total cost per unit of the product. (Present the final answer to the nearest whole number.)
Explain the process
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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