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  • Company GHI produces three products: X, Y, and Z. Product X requires 13 units of direct materials and 12 hours of direct labor, Product Y requires 14 units of direct materials and 13 hours of direct labor, and Product Z requires 15 units of direct materials and 14 hours of direct labor.
  • The unit costs for direct materials are $45 for Product X, $50 for Product Y, and $55 for Product Z, while direct labor costs are $70 per hour.
  • The company incurred $24,000 in manufacturing overhead costs during the period.

• Requirements:

  • Calculate the total manufacturing cost for each product.
  • Determine the total cost of goods manufactured for all three products combined.
  • Analyze the cost distribution among the products.
  • Provide recommendations for cost control strategies.

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