Determine the average manufacturing cost per unit

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Reference no: EM1311845

Average manufacturing cost per unit, ending finished goods inventory, gross margin.

The following information pertains to Ball Company:

Manufacturing costs	$2,400,000
Units manufactured	40,000
Beginning inventory	0 units

39,800 units are sold during the year for $100 per unit.

a) What is the average manufacturing cost per unit?

b) What is the amount of ending finished goods inventory?

c) What is the amount of gross margin?

Reference no: EM1311845

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