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A product that a company manufactures requires 3kg of material. A costing $6.20 per kg and 4 kg of material B costing $5.60 per kg.The

A product that a company manufactures requires 3kg of material. A costing $6.20 per kg and 4 kg of material B costing $5.60 per kg.The product requires 2 hours of labour at a cost of $7.40 per hour. The product is sold in packs of 10 and the package for 10 units costs 422.Fixed production costs are $60,000 per annum and selling, distribution and administration costs are 424,000 per annum.The company makes 15,000 units of the product each year. a)Calculate the prime cost? b)Calculate the production cost of the product? c)_Calculate the total cost of the product?

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