Cmu ca Mildred-Elley NI Instructor: Hadley Benoit estie answer Al questions. Cho

Question

Cmu ca Mildred-Elley NI Instructor: Hadley Benoit estie answer Al questions. Choose the best answer for each question. Please answer ALL que h question. Show Work for partial credit. 1) Peterson Enterprises manufactures picture frames. Its production operations are divided into two departments- Assembly and Finishing. The company uses a process costing system. Peterson incurred the following costs year to produce 5,500 picture frames: (10 Points) Assembly Finishing $9,800 $4,500 If Peterson can only sell 5,800 picture frames during the year, what will be the cost per unit of the picture frames produced? (Round your answer to the nearest cent.) A) $1.97 B) $1.75 C) $2.60 D) $1.69 information: (10 Points)

Explanation / Answer

Total costs=(9800+4500)=$14300

Hence cost per unit of picture frames produced=($14300/5500)

which is equal to

=$2.60

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