Direct material cost per unit of finished product, Accounting Basics

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Direct material cost per unit of finished product

Finney Co. manufactures a product requiring two pounds of direct material. During 2011, Finney purchases 24,000 pounds of material for $74,400 when the standard price per pound is $3.00. During 2011, Finney uses 22,000 pounds to make 12,000 products. The standard direct material cost per unit of finished product?

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Accounting Basics: Direct material cost per unit of finished product

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Accounting Basics: Direct material cost per unit of finished product

Reference No:- TGS0706935

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain the direct labor cost per equivalent unit

Q : What were the average operating assets

Q : What is the roi for the year

Q : Explain the application of overhead to goods in process

Q : Direct material cost per unit of finished product

Q : Good business practice by an astute president

Q : Discuss the amount of minimum legal capital

Q : An issue of promissory notes

Q : Compute the direct materials variances incurred

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Direct material cost per unit of finished product

Reference No:- TGS0706935

Recent Questions Asked Accounting Basics

Q : Explain the direct labor cost per equivalent unit

Q : What were the average operating assets

Q : What is the roi for the year

Q : Explain the application of overhead to goods in process

Q : Direct material cost per unit of finished product

Q : Good business practice by an astute president

Q : Discuss the amount of minimum legal capital

Q : An issue of promissory notes

Q : Compute the direct materials variances incurred

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