Analyze the manufacturing process of Nike Inc.'s athletic shoes using process costing methodology. Divide the production process into distinct cost centers and allocate costs accordingly. Calculate the cost per unit at each stage of production, from raw materials to finished goods. Discuss the advantages and limitations of process costing in the context of Nike's operations.
Values:
•Total Manufacturing Costs: $40,000,000
•Number of Cost Centers: 3
•Units Produced: 100,000