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Onxy Onxy
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7 years ago
The managerial accountant at Northern Shoe Factory, a work boot manufacturer, needs to calculate the actual selling price of their product. The direct material cost is $836,000. The company produced 20,000 pairs of work boots in the cycle. Actual revenues amount to $1,670,000.
Required
Compute the actual selling price of the product and compute the direct material cost per pair of work boots. Assume that sales equal $20,000.
A) $29.50 per pair; $18.30 per pair
B) $83.50 per pair; $41.80 per pair
C) $67.40 per pair; $48.50 per pair
D) $16.70 per pair; $14.30 per pair
E) $83.60 per pair; $67.00 per pair
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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noitulovenoitulove
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7 years ago
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Onxy Author
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7 years ago
Smart ... Thanks!
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Yesterday
Brilliant
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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