Martinez Products manufactures a line of desk chairs.Martinez's production operations are divided into two departments - Department 1 and Department 2.The company uses a process costing system.Martinez incurred the following costs during the year to produce 25,700 chairs:

If Martinez sells 22,600 chairs during the year,what will be the cost per chair produced? (Round your answer to two decimal places. )

Question

Martinez Products manufactures a line of desk chairs.Martinez's production operations are divided into two departments - Department 1 and Department 2.The company uses a process costing system.Martinez incurred the following costs during the year to produce 25,700 chairs:

If Martinez sells 22,600 chairs during the year,what will be the cost per chair produced? (Round your answer to two decimal places. )

Quizplus · Accepted Answer

C)Total costs / number of units produced = cost per unit
$1,150,500 / 25,700 = $44.77

Martinez Products Manufactures a Line of Desk Chairs