A company produces 1,000 units of a product. The following costs are incurred during production: + Direct Materials: $50,000 + Direct Labor: $30,000 + Factory Overhead: $20,000 If the company wants to calculate the total cost per unit, what would it be? Options: A. $80 B. $90 C. $100 D. $110

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....
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Please provide correct answer the general accounting question

A company produces 1,000 units of a product. The following costs are
incurred during production:
+ Direct Materials: $50,000
+ Direct Labor: $30,000
+ Factory Overhead: $20,000
If the company wants to calculate the total cost per unit, what would it be?
Options:
A. $80
B. $90
C. $100
D. $110
Transcribed Image Text:A company produces 1,000 units of a product. The following costs are incurred during production: + Direct Materials: $50,000 + Direct Labor: $30,000 + Factory Overhead: $20,000 If the company wants to calculate the total cost per unit, what would it be? Options: A. $80 B. $90 C. $100 D. $110
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