Pitman chemical company manufactures and sells goody a

Reference no: EM13482118

Pitman Chemical Company manufactures and sells Goody, a product that sells for 10 per pound. The manufacturing process also yields 1 pound of a waste product, called Baddy, in the productionof every 10 pounds of Goody. Disposal of the waste product costs 1 per pound. During March, the company manufactured 200,000 pounds of Goody. Total manufacturing costs were as follows:

Direct materials 232,000

Direct labor 120,000

Manufacturing support costs 60,000

Total costs 412,000

a. Determine the cost per pound of Goody.

Reference no: EM13482118

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