Multiple Choice
Shipp, Inc.manufactures a product requiring two pounds of direct material.During 2013, Shipp purchases 24,000 pounds of material for $99,200 when the standard price per pound is $4.During 2013, Shipp uses 22,000 pounds to make 12,000 products.The standard direct material cost per unit of finished product is
A) $8.27.
B) $9.01.
C) $8.00.
D) $8.53.
Correct Answer:
Verified
Correct Answer:
Verified
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