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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