Consider the data from the Montreal Company for the year, Sandpaperplant $10,000 Materialshandlingplant 100,000 Coolantsplant 7,000 Indirect
Question:
Consider the data from the Montreal Company for the year,
Sandpaperplant $10,000
Materialshandlingplant 100,000
Coolantsplant 7,000
Indirect manufacturing labour86,000
Direct manufacturing labour680,000
Direct materials, 1/1/2022 120,000
Finished goods,1/1/2022 210,000
Finished goods, 12/31/2022 400,000
WIP, 1/1/2022 30,000
WIP, 12/31/2022 20,000
Administration costs 250,000
Leasingcostsplant $120,000
Amortizationequipment 70,000
Propertytaxesequipment 10,000
Fireinsuranceequipment 5,000
Direct material purchases 980,000
Direct materials 12/31/2022 86,000
Sales 4,000,000
Sales commissions 200,000
Sales salaries 180,000
Advertising costs 150,000
What is the unit cost for the direct materials for
2022 assuming direct materials are for the production of 507,000 units? Round to the nearest cent.
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura