Electro Inc. produced 120,000 connector units. The variablemanufacturing cost per unit was $25.50, variable overhead costsper unit were $10.00, and the total fixed costs incurred were$1,980,000. What was the average cost per unit produced?

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Answered: Electro Inc. produced 120,000 connector…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Electro Inc. produced 120,000 connector units. The variable manufacturing cost per unit was $25.50, variable overhead costs per unit were $10.00, and the total fixed costs incurred were $1,980,000. What was the average cost per unit produced?