Answer the Following Questions Using the Information Below:
Pederson Company

Multiple Choice

Answer the following questions using the information below:
Pederson Company reported the following:
$\begin{array}{ll}\text { Manufacturing costs } & \$ 2,000,000 \\\text { Units manufactured } & 50,000 \\\text { Units sold } & 47000 \text { units sold for } \$ 75 \text { per unit } \\\text { Beginning inventory } & 0 \text { units }\end{array}$
-What is the average manufacturing cost per unit?

A) $40.00
B) $42.55
C) $75.00
D) $0.025