In its first year of operation, the Excellent Publishing Company sells 56,000 units and has 1,100 units in stock at year end. The cost of goods sold is $3,800.00. What are the total manufacturing costs for the year if the average unit cost is $6.00?

In its first year of operation, the Excellent Publishing Company sells 56,000 units and has 1,100 units in stock at year end. The cost of goods sold is $3,800.00. What are the total manufacturing costs for the year if the average unit cost is $6.00?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints

Section: Chapter Questions

Problem 6E: Ottis, Inc., uses 640,000 plastic housing units each year in its production of paper shredders. The...

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In its first year of operation, the Excellent Publishing
Company sells 56,000 units and has 1,100 units in stock at
year end. The cost of goods sold is $3,800.00.
What are the total manufacturing costs for the year if the
average unit cost is $6.00?

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