Cost Definitions

Picante, Inc., provided the following information for the last calendar year:

Beginning inventory:

Direct materials

Work in process

Ending inventory:

Direct materials

Work in process

$$29,600$

$46,400$

$$21,200$

$20,800$

During the year, direct materials purchases amounted to $$253,200,$ direct labor cost was $$182,400,$ and overhead cost was $$316,800.$ There were $40,000$ units produced.

Required:

Calculate the total cost of direct materials used in production.

$9$

Calculate the cost of goods manufactured.

$

Calculate the unit manufacturing cost. If required, round your answer to the nearest cent.

$ $$ per unit

Of the unit manufacturing cost calculated in Requirement $2,$$$6\mathrm{.}54$ is direct materials and $$7\mathrm{.}92$ is overhead. If required, round intermediate calculations and your final answers to the nearest cent.

What is the prime cost per unit?