What is the cost of goods sold per unit

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Question 1: The Lotus Co. manufactures a specialty line of product using a job order costing system. During May, the following costs were incurred in completing Job #03: direct materials, P13,700; direct labor, P4,800; administrative, P1,400; and selling, P5,600. Factory overhead was applied at the rate of P25 per machine hour Job #03 requires 800 machine hours. If Job #03 resulted in 7,000 good units, what is the cost of goods sold per unit?

a. 6.50
b. 6.30
c. 5.70
d. 5.50

Reference no: EM132859820

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