Question - Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three processes-Department 1, Department 2, and Department 3. The company uses a process costing system. Gizmo incurred the following costs during the year to produce 4,200 units:
Department 1 $18,000
Department 2 9,000
Department 3 8,000
If Gizmo could sell only 3,600 units in during the year, what will be the cost per unit of widget produced? (Round your answer to the nearest cent.)
A) $4.29
B) $8.33
C) $6.43
D) $9.72