Question
Velasco Productions has provided the following information for the year: Direct Labor $ 153 comma 000$153,000...
Velasco Productions has provided the following information for the year:
|
Direct Labor |
$ 153 comma 000$153,000 |
|
Beginning Work-in-Process Inventory |
62 comma 00062,000 |
|
Direct Materials Used |
269 comma 000269,000 |
|
Ending Work-in-Process Inventory |
53 comma 80053,800 |
|
Manufacturing Overhead |
133 comma 000133,000 |
During the year, Velasco produced
74 comma 94074,940
units of product. Calculate the unit product cost. (Round your answer to the nearest cent.)
A.
$ 7.41$7.41
B.
$ 7.52$7.52
C.
$ 8.23$8.23
D.
$ 6.46
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