Sandford Company manufactures one product. Its variable manufacturing cost is $16 per unit and...
Question:
Sandford Company manufactures one product. Its variable manufacturing cost is $16 per unit and the total fixed manufacturing cost is $600,000. What would be the total cost per unit (including both fixed and variable costs), assuming that Sandford produces 10,000 units?
Unit Cost:
In finance, the total cost of one unit of a given product represents the unit cost. It can be further analyzed by considering the total manufacturing cost per unit and total operating cost per unit or total fixed cost per unit and total variable cost per unit.
Answer and Explanation: 1
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View this answerThe calculated value of the total manufacturing cost per unit is $76.
The total manufacturing cost per unit can be calculated by taking the sum of the...
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Unit Cost: Definition, Formula & Calculation
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Chapter 12 / Lesson 23
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Understand the definition of the unit cost in accounting, discover the unit cost using its formula, and explore some examples of using the formula to compute the unit cost of an activity.
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