FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Out on the Water, Inc. is a manufacturer of kayaks. Management would like to make a rough estimate of its product costs for the upcoming period because it's slated to be the most productive period for the company yet. The following production data was compiled from the previous year: Production level in kayaks January 210 February 120 March 132 April 144 May 180 June 192 July 240 August 180 September 180 October 168 November 246 December 234 Month Product costs per kayak $133.72 $185.00 $200.00 $187.10 $152.67 $145.90 $120.50 $152.00 $153.30 $162.10 $136.60 $127.90
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