Figure 9-5. Sully Company provided the following information for last month.
There were no beginning and ending inventories.
Refer to Figure 9-5.What is Sully's cost of goods sold per unit?

Question

Figure 9-5. Sully Company provided the following information for last month.
 There were no beginning and ending inventories.
Refer to Figure 9-5.What is Sully's cost of goods sold per unit?

Quizplus · Accepted Answer

The cost of goods sold is calculated as total cost of goods manufactured divided by total number of units produced. From the provided information in the figure, total cost of goods manufactured is $355,188, and total number of units produced is 40,000. Dividing these two numbers gives us the cost of goods sold per unit as $8.87 (option B).