Last year, Barnard Company incurred the following costs: Direct materials $ 50,000 Direct labor 20,000 Manufacturing overhead

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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.
Prime cost per unit is

a. $7.00.
b. $20.00.
c. $15.00.
d. $5.00.
e. $27.60.

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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Question Posted: Aug 20, 2022 01:26 AM

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Last year, Barnard Company incurred the following costs: Direct materials $ 50,000 Direct labor 20,000 Manufacturing overhead

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Cornerstones of Managerial Accounting

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