Answer the following questions using the information below: Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per unit Beginning inventory O units What is the average manufacturing cost per unit? a. $40.00 b. $42.55 c. $0.025 d. $75.00 Desktop

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Answer the following questions using the information below:
Pederson Company reported the following:
Manufacturing costs
$2,000,000
Units manufactured
50,000
Units sold
47,000 units sold for $75 per unit
Beginning inventory
O units
What is the average manufacturing cost per unit?
a. $40.00
b. $42.55
c. $0.025
d. $75.00
Desktop
Transcribed Image Text:Answer the following questions using the information below: Pederson Company reported the following: Manufacturing costs $2,000,000 Units manufactured 50,000 Units sold 47,000 units sold for $75 per unit Beginning inventory O units What is the average manufacturing cost per unit? a. $40.00 b. $42.55 c. $0.025 d. $75.00 Desktop
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