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Company GHI manufactures two products, X and Y. The following information pertains to the production costs for the month of October: Total units produced for



  • Company GHI manufactures two products, X and Y. The following information pertains to the production costs for the month of October:

    • Total units produced for Product X: 10,000
    • Total units produced for Product Y: 5,000
    • Total direct materials cost: $40,000
    • Total direct labor cost: $30,000
    • Total manufacturing overhead cost: $25,000
    • Fixed selling and administrative expenses: $12,000
  • Requirements:

    • Calculate the total manufacturing cost per unit for each product.
    • Determine the total cost of goods manufactured for both products combined.
    • Compute the total cost per unit including fixed selling and administrative expenses.
    • Analyze the cost efficiency of each product line.

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