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The Following Information Pertains to Ball Company 39 800 Units Are Sold During the Year for $100

Question 64

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The following information pertains to Ball Company:
 Manufacturing costs $2400000 Units manufactured 40000 Beginning inventory 0 units \begin{array}{ll}\text { Manufacturing costs } & \$ 2400000 \\\text { Units manufactured } & 40000 \\\text { Beginning inventory } & 0 \text { units }\end{array}
39 800 units are sold during the year for $100 per unit.
Required:
a.What is the average manufacturing cost per unit?
b.What is the cost of ending finished goods inventory?
c.What is the gross margin?
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a.$2 400 000 / 40 000 = $60.00...

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