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4vir4ik [10]
3 years ago
9

Grover Company has the following data for the production and sale of 1,900 units. Sales price per unit $ 950 per unit Fixed cost

s: Marketing and administrative $ 418,000 per period Manufacturing overhead $ 370,500 per period Variable costs: Marketing and administrative $ 50 per unit Manufacturing overhead $ 80 per unit Direct labor $ 100 per unit Direct materials $ 240 per unit What is the total manufacturing cost per unit
Business
1 answer:
Ad libitum [116K]3 years ago
7 0

Answer:

$415

Explanation:

The computation of the total manufacturing cost per unit is shown below:-

Total manufacturing cost per unit = Direct material + Direct labor + Manufacturing overhead + Fixed manufacturing overhead

= $240 + $100 + $80 + ($370,500 ÷ 1,900)

= $40 + $100 + $80 + $195

= $415

SO, we have applied the above formula.

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Suppose consumers only hold checkable deposits. The demand for money for transactions by consumers is equal to Y*(0.3 - i), wher
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