Reed Production has provided the following information for the year 2015: Direct Labor $153,000 Beginning Work-in-Process Inventory 62,500 Direct Materials Used 271,000 Ending Work-in-Process Inventory 53,850 Manufacturing Overhead 135,500 During the year, Reed produced 71,020 units of product. Calculate the unit product cost. A) $8.00 B) $10.00 C) $9.52 D) $7.88

Reed Production has provided the following information for the year 2015: Direct Labor $153,000 Beginning Work-in-Process Inventory 62,500 Direct Materials Used 271,000 Ending Work-in-Process...

Reed Production has provided the following information for the year 2015:

Direct Labor	$153,000
Beginning Work-in-Process Inventory	62,500
Direct Materials Used	271,000
Ending Work-in-Process Inventory	53,850
Manufacturing Overhead	135,500

During the year, Reed produced 71,020 units of product. Calculate the unit product cost.

A) $8.00

B) $10.00

C) $9.52

D) $7.88

Jun 09, 2022

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