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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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nadya68 [22]

Answer:

The correct answer is letter "D": the beginning balance of owner's equity.

Explanation:

The statement of owner's equity reports the changes in a company's capital balance during a certain period. Thus, the transactions that increased or decreased stakeholder's equity is portrayed in this section. In the statement of owner's equity, the income earned during the current period is added to the beginning capital balance and the owner's equity withdrawals are deducted.

<em>The statement of owner's equity shows at its head the Beginning equity balance -initial money invested in the company over a period.</em>

8 0
3 years ago
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4 0
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STatiana [176]

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Learn more here: brainly.com/question/20510564

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