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marissa [1.9K]
3 years ago
5

Knappert Corporation makes one product and has provided the following information:

Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

$113.0

Explanation:

A. Cost of material (M):

M=3*5.00\\M=\$15.00\ per\ unit

B. Cost of Labor (L):

L=24*2.80\\L=\$67.20\ per\ unit

C. Manufacturing overhead (O):

O=11*2.80\\O=\$30.80\ per\ unit

D. Selling and administrative expense (S):

Those should not be included in the product cost.

Total cost per unit is:

U = M+L+O= 15.00+67.20+30.80\\U=\$113.00

The unit product cost is closest to: $113.00.

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3 years ago
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