Zhang Manufacturing Company of Hong Kong used materials costing HK$180,000 in the production of 10,000 units of product. Labor costs of HK$50,000 were incurred. Other costs of manufacturing, such as factory supervision, utilities, taxes, and insurance, are all fixed costs and amounted to HK$100,000 for the year. Administrative and marketing costs were HK$60,000. No finished goods inventory existed at the beginning of the year, and 8,000 units of product were sold during the year.

Required:
1. Find the cost per unit to manufacture the product. Break down the cost by
traditional product cost elements. ;
2. Show where total manufacturing costs were at the end of the year.