Consider the following data for Magnimus Corporation. July August September Sales in units 4,000 4,200 4,800 Sales revenue $400,000 $420,000 $480,000 Direct materials 74,000 77,700 88,800 Direct labour 88,600 93,030 106,320 Manufacturing overhead 63,480 65,160 70,680 Sales commission 30,000 31,500 36,000 Other selling expenses 41,960 43,620 44,360 Administrative expenses 31,550 31,550 31,550

Required: 6–1

What is the average price per unit sold?

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