Apple Inc. produces two types of products, MacBook and iMac. The following cost data pertains to these products:

Cost Item	MacBook	iMac
Direct Material	$1,200/unit	$1,500/unit
Direct Labor	$400/unit	$500/unit
Overhead	170% of direct labor cost	160% of direct labor cost

Additional Information:

• Production for MacBook: 100,000 units
• Production for iMac: 80,000 units

Requirements:

1. Calculate the total cost for MacBook and iMac.
2. Determine the cost per unit for each product.
3. Prepare a cost sheet for both products.
4. Compare the cost structures and suggest which product is more cost-effective.

Discuss the pricing strategy for each product based on cost analysis and market demand.