The following information pertains to Ball Company:
$\begin{array}{ll}
\text { Manufacturing costs } & \$ 2400000 \
\text { Units manufactured } & 40000 \
\text { Beginning inventory } & 0 \text { units }
\end{array}$
39 800 units are sold during the year for $100 per unit.
Required:
a.What is the average manufacturing cost per unit?
b.What is the cost of ending finished goods inventory?
c.What is the gross margin?
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Question

The following information pertains to Ball Company:
 $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2400000 \
\text { Units manufactured } & 40000 \
\text { Beginning inventory } & 0 \text { units }
\end{array}$ 
39 800 units are sold during the year for $100 per unit.
Required:
a.What is the average manufacturing cost per unit?
b.What is the cost of ending finished goods inventory?
c.What is the gross margin?
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Quizplus · Accepted Answer

The Answer of The following information pertains to Ball Company:
 $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2400000 \
\text { Units manufactured } & 40000 \
\text { Beginning inventory } & 0 \text { units }
\end{array}$ 
39 800 units are sold during the year for $100 per unit.
Required:
a.What is the average manufacturing cost per unit?
b.What is the cost of ending finished goods inventory?
c.What is the gross margin?
_____________________________________________________________________________________________
_____________________________________________________________________________________________

The Following Information Pertains to Ball Company 39 800 Units Are Sold During the Year for $100