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Ardent Company revealed the following cost information: Direct materials used 40,000 Direct labour 20,000 Indirect materials used 25,000 Indirect labour 15,000 Rent for factory 30,000
Ardent Company revealed the following cost information:
Direct materials used 40,000
Direct labour 20,000
Indirect materials used 25,000
Indirect labour 15,000
Rent for factory 30,000
Depreciation on factory equipment 30,000
Marketing expenses 20,000
Administration expenses 12,000
Units produced 50,000 units
Required
From the above data, calculate:
i) Calculate unit prime costs.
ii) Calculate the total conversion costs.
iii) Calculate the manufacturing cost per unit.
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