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A manufacturing company, General Motors, produces 50,000 units of a product annually. The following information is available: oDirect Materials: $50 per unit oDirect Labor: $30

A manufacturing company, General Motors, produces 50,000 units of a product annually. The following information is available:
oDirect Materials: $50 per unit
oDirect Labor: $30 per unit
oVariable Overhead: $15 per unit
oFixed Overhead: $500,000 per year
Additional Values:
oSelling Price per Unit: $200
oTax Rate: 30%

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