Homework Answers
Total cost of production = Cost incurred in Department 1 + Cost incurred in Department 2 = $863,500 + $287,000 = $1,150,500
Total chairs produced during the year = 25,700 chairs
Cost per chair = Total cost of production / Total chairs produced during the year = $1,150,500 / 25,700 chairs = $44.77 per chair.
So, the right option is "A. $44.77".
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1)
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