general accounting Your factory produces 200 bicycles per month. Direct costs are $500 perbicycle. The monthly overhead is $60,000. What is the average cost per bicyclewith overhead?a. $500b. $800c. $3,000d. $60,500

Step 1: Definition of Average Cost per Bicycle with OverheadThe average cost per bicycle with…

Answered: Your factory produces 200 bicycles per…

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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Your factory produces 200 bicycles per month. Direct costs are $500 per bicycle. The monthly overhead is $60,000. What is the average cost per bicycle with overhead? a. $500 b. $800 c. $3,000 d. $60,500