Solved

Figure 2-7  Direct materials $11 Direct labor 8 Overhead 15\begin{array}{lr}\text { Direct materials } & \$ 11 \\\text { Direct labor } & 8 \\\text { Overhead } & 15\end{array}

Question 140

Multiple Choice

Figure 2-7.Gateway Company produces a product with the following per-unit costs:
 Direct materials $11 Direct labor 8 Overhead 15\begin{array}{lr}\text { Direct materials } & \$ 11 \\\text { Direct labor } & 8 \\\text { Overhead } & 15\end{array} Last year, Gateway produced and sold 750 units at a sales price of $68 each. Total selling and administrative expense was $22,000.
-Refer to Figure 2-7. Prime cost per-unit was?


A) $19
B) $23
C) $34
D) $11

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions