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Author Question: Pederson Company reported the following: Manufacturing costs$480,000Units manufactured8,000Units ... (Read 16 times)

Engineer

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Question 1

Pederson Company reported the following:

 Manufacturing costs $360,000
 Units manufactured 9,000
 Units sold  7,500units sold for $90 per unit
 Beginning inventory  1,000units

What is the manufacturing cost for the ending finished goods inventory?
◦ $100,000
◦ $60,000
◦ $744,000
◦ $54,000

Question 2

Pederson Company reported the following:

 Manufacturing costs $480,000
 Units manufactured 8,000
 Units sold  7,500units sold for $90 per unit
 Beginning inventory  2,000units

What is the average manufacturing cost per unit? (Round the answer to the nearest dollar.)
◦ $48.00
◦ $80.00
◦ $60.00
◦ $64.00


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Marked as best answer by Engineer on Mar 6, 2021

leannegxo

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Engineer

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


bbburns21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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