During its first year of operations, Connor Company paid $39,000 for direct materials and $19,000 In wages for production workers. Lease payments and utilities on the production facilities amounted to $8,000. General, selling, and administrative expenses were $9,000. The company produced 6,000 units and sold 5,000 units for $16.00 a unit. The average cost to produce one unit is which of the following amounts?
During its first year of operations, Connor Company paid $39,000 for direct materials and $19,000 In wages for production workers. Lease payments and utilities on the production facilities amounted to $8,000. General, selling, and administrative expenses were $9,000. The company produced 6,000 units and sold 5,000 units for $16.00 a unit. The average cost to produce one unit is which of the following amounts?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:During its first year of operations, Connor Company paid $39,000 for direct materials and $19,000 In wages
for production workers. Lease payments and utilities on the production facilities amounted to $8,000.
General, selling, and administrative expenses were $9,000. The company produced 6,000 units and sold
5,000 units for $16.00 a unit. The average cost to produce one unit is which of the following amounts?
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