lartinez Products manufactures a line of desk chairs. Martinez's production operations are divided into two departments-Departme during the year to produce 25,600 chairs: mpany uses ap Martinez incurred the following costs Department 1 Department 2 $855,500 $285,000 If Martinez sells 23,400 chairs during the year, what will be the cost per chair produced? (Round your answer to two decimal places.) O A $36.56 O B. $44.55 OC. $33.42 O D. $48.74

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 4EB: Roper Furniture manufactures office furniture and tracks cost data across their process. The...
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Martinez Products manufactures a line of desk chairs. Martinez's production operations are divided into two departments - Department 1 and Department 2. The company uses a process costing system. Martinez incurred the following costs
during the year to produce 25,600 chairs:
Department 1
Department 2
$855,500
$285,000
If Martinez sells 23,400 chairs during the year, what will be the cost per chair produced? (Round your answer to two decimal places.)
O A. $36.56
O B. $44.55
O C. $33.42
O D. $48,74
Transcribed Image Text:Martinez Products manufactures a line of desk chairs. Martinez's production operations are divided into two departments - Department 1 and Department 2. The company uses a process costing system. Martinez incurred the following costs during the year to produce 25,600 chairs: Department 1 Department 2 $855,500 $285,000 If Martinez sells 23,400 chairs during the year, what will be the cost per chair produced? (Round your answer to two decimal places.) O A. $36.56 O B. $44.55 O C. $33.42 O D. $48,74
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