Sandhill Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2022, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed Costs per Year Fixed manufacturing overhead Fixed selling and administrative expenses (a) $9.00 $4.14 $6.96 54.68 Sandhill Company sells the fishing lures for $3000. During 2002, the company sold 82.000 lures and produced 96.000 lures Your answer is incorrect $288.000 5252,120 Assuming the company uses variable costing, calculate Sandhil's manufacturing cost per unit for 2022. (Round answer to 2 decimal places 10.50) Manufacturing cost per unit 24.71
Sandhill Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2022, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed Costs per Year Fixed manufacturing overhead Fixed selling and administrative expenses (a) $9.00 $4.14 $6.96 54.68 Sandhill Company sells the fishing lures for $3000. During 2002, the company sold 82.000 lures and produced 96.000 lures Your answer is incorrect $288.000 5252,120 Assuming the company uses variable costing, calculate Sandhil's manufacturing cost per unit for 2022. (Round answer to 2 decimal places 10.50) Manufacturing cost per unit 24.71
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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