Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000Number of tax returns 300 What is the unit cost per tax return? a.$20.00 b.$0.67 c.$3.33 d.$15.00
Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows: Direct materials $ 200 CPA staff salaries 4,000 Overhead 1,800 Total $6,000Number of tax returns 300 What is the unit cost per tax return? a.$20.00 b.$0.67 c.$3.33 d.$15.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jamie Hopen, CPA, prepares tax returns. The production costs and the number of tax returns prepared for the month of September are as follows:
Number of tax returns 300
What is the unit cost per tax return?
Direct materials | $ 200 |
CPA staff salaries | 4,000 |
1,800 | |
Total | $6,000 |
What is the unit cost per tax return?
a.$20.00
b.$0.67
c.$3.33
d.$15.00
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