During the Month, 2,100 Units of a Product Were Completed

question 7

Multiple Choice

During the month, 2,100 units of a product were completed and 1,200 units were two-thirds complete with respect material and one-third complete with respect to labor and overhead. After completing equivalent unit cost calculations, the company determined material cost was $3.52 and the combined labor and overhead cost was $6.80 per unit.
- What is the cost of the completed units?

• A)$11,984.
• B)$12,384.
• C)$21,672.
• D)$14,280.

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Definitions:

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.

Total Cash Flows

The total sum of cash and cash-equivalents moving into and out of a company.

Capital Structure

The particular combination of debt and equity used by a firm to finance its overall operations and growth.

Cost of Capital

Cost of Capital is the rate of return that a company must earn on its project investments to maintain its market value and satisfy its creditors and investors.