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What will be the cost per chair produced

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Reference no: EM132915862

Problem - 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 26,400 chairs:

Department 1 $857,500

Department 2 $289,000

If Martinez sells 23,200 chairs during the year, what will be the cost per chair produced?

Reference no: EM132915862

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