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In July, Noel & Vang Company Purchased Materials Costing $23,100

Question 17

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In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows:

In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows:        -  If Noel &Vang Company sold 10,300 units during July and its gross margin totaled $32,780, what was the sales price per unit? (Note: Round answer to two decimal places.)    A)  $9.94 B)  $10.68 C)  $10.09 D)  $10.11
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If Noel &Vang Company sold 10,300 units during July and its gross margin totaled $32,780, what was the sales price per unit? (Note: Round answer to two decimal places.)


A) $9.94
B) $10.68
C) $10.09
D) $10.11

Correct Answer:

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