Superior Solutions, Inc. reported the following information for the year: Service revenue Operating expenses Net income $55,000 $28,800 $26,200 No. of services provided for the year 10,500 How much was the unit cost per service? (Round your answer to the nearest cent.) a. $2.74 b. $6.52 c. $4.68 d. $3.20
Superior Solutions, Inc. reported the following information for the year: Service revenue Operating expenses Net income $55,000 $28,800 $26,200 No. of services provided for the year 10,500 How much was the unit cost per service? (Round your answer to the nearest cent.) a. $2.74 b. $6.52 c. $4.68 d. $3.20
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...
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
Transcribed Image Text:Superior Solutions, Inc. reported the following information
for the year:
Service revenue
Operating expenses
Net income
$55,000
$28,800
$26,200
No. of services provided for the year 10,500
How much was the unit cost per service? (Round your
answer to the nearest cent.)
a. $2.74
b. $6.52
c. $4.68
d. $3.20
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