Daniel LLC incurred cost of $45,000 for material,$25,000 for labor,and $24,000 for factory overhead.There was no beginning or ending work in process.5,000 units were completed and transferred out.The cost per unit is:

Question

Daniel LLC incurred cost of $45,000 for material,$25,000 for labor,and $24,000 for factory overhead.There was no beginning or ending work in process.5,000 units were completed and transferred out.The cost per unit is: ​

Quizplus · Accepted Answer

The total cost incurred by Daniel LLC is the sum of material, labor, and factory overhead costs, which is $45,000 + $25,000 + $24,000 = $94,000. Since there were 5,000 units completed and transferred out, the cost per unit is $94,000 / 5,000 units = $18.80.

Daniel LLC Incurred Cost of $45,000 for Material,$25,000 for Labor,and