Hi Fi Jams is in its first month of operations manufacturing bluetooth speakers. In the first...
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Hi Fi Jams is in its first month of operations manufacturing bluetooth speakers. In the first month, Hi Fi Jams incurred the following costs.
Direct Materials 30,400 Direct Labor 24,900 Manufacturing Overhead 35,100 Operating Expenses 22,000 In that month, Hi Fi Jams produced 800 units. What is the average cost of producing each speaker? (Answer is rounded to nearest penny).
38.00
140.5
43.88
113.00
Homework Answers
Answer :- 113.00
Cost of production per unit = (Direct Material + Direct Labor + Manufacturing Overhead)/No. of Units Produced
= (30,400 + 24,900 + 35,100)/800
= 113 Per Unit
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