Essay
Teddy's To Hug,produces Teddy Bears for heart patients.Last month the company produced 500 bears.Using job order costing,determine the product unit cost for one bear based on the following costs: production facility utilities,$600;depreciation on production equipment,$550;indirect materials,$450;direct materials,$1,300;indirect labor,$900;direct labor,$2,500;sales commissions,$3,000;president's salary,$5,000;insurance on production facility,$700;advertising expense,$600;rent on production facility,$5,000;rent on sales office,$3,000;and legal expense,$300.Round your answer to two decimal places.
Correct Answer:
Verified
Correct Answer:
Verified
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