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?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 8EA: Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000...
icon
Related questions
Question
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?
Transcribed Image Text: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?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College