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Count-R-Fitters has a DM unit standard of $12 per lb @ 2 lbs for each...

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Question

Accounting

Count-R-Fitters has a DM unit standard of $12 per lb @ 2 lbs for each unit. During February Count-R-Fitters purchased 4,840 lbs of DM for $57,838. A total of 4, 656 lbs were used to produce 2,400 units. How much did Count-R-Fitters pay per lb for DM?

a.

$11.95
b.

$11.50
c.

23.18
d.

$12.00

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