As Production Manager, Mr

question 31

Multiple Choice

As production manager, Mr.B is asked to track the manufacturing cost per unit on the factory floor.Total manufacturing costs were $100,000 before considering factory maintenance salaries of $12,000 and $50,000 of factory depreciation.How much is the calculation of manufacturing cost per unit if 500 units had been produced in the current quarter?

• A)$224
• B)$300
• C)$200
• D)$324

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Definitions:

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses.

Credit To Cash

An accounting entry that increases the cash balance in a company's books.

Petty Cash Fund

A small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Replenished

The process of filling up or restoring a stock or supply of something to its previous level or condition.