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Posted: September 15th, 2023

Jell Corporation uses the total cost concept of product pricing

Jell Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 58,666 units of its sole product. Jell desires a profit equal to a 22% rate of return on invested assets of $601,400.00.Fixed factory overhead cost$35,818.00Fixed selling and administrative costs$7,905.00Variable direct materials cost per unit$5.13Variable direct labor cost per unit$1.88Variable factory overhead cost per unit$1.13Variable selling and administrative cost per unit$4.50Determine the cost per unit for the production and sale of the company’s product.Select the correct answer.$1.88$0.75$13.39$12.64

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