Multiple Choice
Taylor & Edwards Inc.manufactures television sets.Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000.The company manufactured 8,400 television sets during the month.Assume that there were no beginning or ending work in process balances.
-What was the per unit prime cost? (Note: Round your answer to two decimal places.)
A) $263.75
B) $62.50
C) $170.24
D) $156.25
Correct Answer:
Verified
Correct Answer:
Verified
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