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Determine the average cost to produce one unit

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Reference no: EM133069461

Question - During its first year of operations, Beta Company paid $25,000 for direct materials and $18,000 in wages for production workers. Lease payments and utilities on the production facilities amounted to $7,000. General, selling, and administrative expenses were $8,000. The company produced 5,000 units and sold 4,000 units for $15.00 a unit. Determine the average cost to produce one unit?

Reference no: EM133069461

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