Cost Definitions Picante, Inc., provided the following information for the last calendar year: Beginning inventory: Direct materials Work in process Ending inventory: Direct materials Required: $150,500 95,300 Work in process During the year, direct materials purchases amounted to $184,800, direct labor cost was $149, 100, and overhead cost was $228,800. There were 20,000 units produced. $145,300 91,400 1. Calculate the total cost of direct materials used in production. ner unit 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. If required, round your answer to the nearest cent.

Picante, Inc., provided the following information for the last calendar year: Beginining inventory: During the vear, direct materials purchases amounted to $184,800, direct labor cost was $149,100, and overhead cost was $228,800. There were 20,000 units produced. Required: 1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured Calculate the unit manufacturing cost. If required, round your answer to the nearest cent