units. Seven (7) units were rejected upon inspection. Normal spoilage, attributable to the job, is 5 units. Costs prior to inspection amount to $1,450 per unit and the spoiled units have a salvage value of $520 per unit. Required: What is the cost per unit of the good units in Job 10?

units. Seven (7) units were rejected upon inspection. Normal spoilage, attributable to the job, is 5 units. Costs prior to inspection amount to $1,450 per unit and the spoiled units have a salvage value of $520 per unit. Required: What is the cost per unit of the good units in Job 10?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Please do not give solution in image format thanku

Vera Cruz company started Job 10 with 32
units. Seven (7) units were rejected upon
inspection. Normal spoilage, attributable to
the job, is 5 units. Costs prior to inspection
amount to $1,450 per unit and the spoiled
units have a salvage value of $520 per unit.
Required: What is the cost per unit of the
good units in Job 10?

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