Answer the following question(s)using the information below.The Singer Company manufactures several different products.Unit costs associated with Product ICT101 are as follows:

-What are the inventoriable costs per unit associated with Product ICT101?
A)$120
B)$140
C)$50
D)$88
E)$70

Question

Answer the following question(s)using the information below.The Singer Company manufactures several different products.Unit costs associated with Product ICT101 are as follows:
 
-What are the inventoriable costs per unit associated with Product ICT101?
A)$120 
B)$140 
C)$50 
D)$88 
E)$70

Quizplus · Accepted Answer

Inventoriable costs include all costs necessary to prepare a product for sale, such as direct materials, direct labor, and manufacturing overhead. The correct cost per unit is $120.

Answer the Following Question(s)using the Information Below