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The Managerial Accountant at Rainy Day Umbrella Company Needs to Calculate

Question 6

Multiple Choice

The managerial accountant at Rainy Day Umbrella Company needs to calculate the direct material cost per umbrella that is manufactured.The company produced 35,000 umbrellas in the fiscal year with a direct material total cost of $760,000.
Required
Compute the direct material cost per umbrella.


A) $35.46 per umbrella
B) $23.60 per umbrella
C) $32.50 per umbrella
D) $21.71 per umbrella
E) $18.50 per umbrella

Correct Answer:

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