During its first year of operations, Forrest Company paid $14,040 for direct materials and $49,200...
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Accounting
During its first year of operations, Forrest Company paid $14,040 for direct materials and $49,200 in wages for production workers. Lease payments, utility costs, and depreciation on factory equipment totaled $13,200. General, selling, and administrative expenses were $19,200. The average cost to produce one unit was $4.20. How many units were produced during the period?
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