Keep Cool Industries, Inc., manufactures fans for personal use. Department 70 is responsible for assembling the fan.
Question:
1. Compute the unit cost for each department.
2. Compute the total unit cost for the national retailer order.
3. The selling price for this order was $10 per unit. Was the selling price adequate? List the assumptions and/or computations upon which you based your answer. What suggestions would you make to Keep Cools management about the pricing of future orders?
4. Compute the prime costs and conversion costs per unit for eachdepartment.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
Question Posted: