Solution-Calculate tangam toys per unit cost of goods sold

Calculate tangam toys per unit cost of goods sold for month

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Reference no: EM132802813

Tangam Toys have provided the following information on the month's production:

Production (units) 5,000

Direct materials $7,000

Direct labour $10,000

Overhead $7,000

Sales commission per unit sold $5

Sales price per unit $40

Fixed selling and administrative expense $5,000

Opening Finished Goods Inventory (500 units) $4,000

Closing Finished goods Inventory (300 units) $1,000

Problem 1: Calculate Tangam Toys per unit Cost of Goods Sold for the month (round to 2 decimal places)

Reference no: EM132802813

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Calculate tangam toys per unit cost of goods sold for month

Reference no: EM132802813

Reference no: EM132802813

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