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Your factory manufactures 150 electric bikes per month. The direct cost is $1,500 per bike. The monthly overhead is $60,000. What is the average cost per electric bike with overhead included? a. $1,500 b. $1,900 c. $2,400 d. $61,500

Your factory manufactures 150 electric bikes per month. The direct cost is $1,500 per bike. The monthly overhead is $60,000. What is the average cost per electric bike with overhead included? a. $1,500 b. $1,900 c. $2,400 d. $61,500

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 4EA: Use the information provided to create a standard cost card for production of one glove box switch....
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Your factory manufactures 150 electric bikes per month. The direct cost is $1,500 per bike. The monthly overhead is $60,000. What is the average cost per electric bike with overhead included? a. $1,500 b. $1,900 c. $2,400 d. $61,500
Transcribed Image Text:Your factory manufactures 150 electric bikes per month. The direct cost is $1,500 per bike. The monthly overhead is $60,000. What is the average cost per electric bike with overhead included? a. $1,500 b. $1,900 c. $2,400 d. $61,500
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