Question
Bobs Bistro produces party-sized hagia sandwiches. For next year, Bobs Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials
Bobs Bistro produces party-sized hagia sandwiches. For next year, Bobs Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials $140,000 Direct labor 60,000 Variable overhead 30,000 Fixed overhead 260,000
Bobs Bistro produces party-sized hoagie sandwiches. For next year, Bobs Bistro predicts that 50,000 units will be produced with the following total costs:
Direct materials$140,000Direct labor60,000Variable overhead30,000Fixed overhead260,000Required:
If required, round your answers to the nearest cent.
1. Calculate the prime cost per unit. $fill in the blank 1 per unit
2. Calculate the conversion cost per unit. $fill in the blank 2 per unit
3. Calculate the total variable cost per unit. $fill in the blank 3 per unit
4. Calculate the total product (manufacturing) cost per unit. $fill in the blank 4 per unit
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