Solution-What is the cost of producing one unit

What is the cost of producing one unit

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Reference no: EM132562662

During 2018, Rogelio De La Vega Corporation incurred manufacturing expenses of $240,000 to produce 40,000 finished units. It was determined that 32,000 units were sold by November. The storage cost for December is $0.6 per unit.

Required:

Question a. What is the cost of producing one unit?

Question b. What is the amount that will be reported on the income statement for cost of goods sold for the month of November?

Question c. What is the cost incurred for storing the inventory?

Reference no: EM132562662

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What is the cost of producing one unit

Reference no: EM132562662

Reference no: EM132562662

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