The Production Cost of a Single Unit of a Manufactured

question 58

Multiple Choice

The production cost of a single unit of a manufactured product is determined by:

• A) dividing total direct materials and direct labor for a production run by the number of units made.
• B) dividing total direct materials, direct labor, and manufacturing overhead for a production run by the number of units made.
• C) dividing total direct materials, direct labor, manufacturing overhead and selling expenses for a production run by the number of units made.
• D)dividing the selling price by the gross profit ratio.

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Definitions:

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