A product that a company manufactures requires 3kg of materialAcosting $6.20 per kg and 4kg 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 packaging for 10 units costs $22. Fixed production costs are $60,000 per annum and selling, distribution and administration costs are $24,000 per annum. The company makes 15,000 units of the product each year.

a)Calculatethe prime cost?

b)Calculatethe production cost of the product?

c)Calculatethe total cost of the product?