Cost Formula

The following amounts of various cost categories are experienced by Patton Manufacturing in producing and selling its only product:

Direct material	$14.00 per unit of product
Direct labor	$12.00 per direct labor hour*
Manufacturing overhead	$15,000 + $3.50 per direct labor hour
Selling expenses	$17,000 + $2.75 per unit of product
Administrative	$9,000 + $0.40 per unit of product

*Each unit of product requires 1.5 direct labor hours. Combine the various cost factors into a general total cost formula for Patton Manufacturing and determine the total cost of producing and selling 25,000 units.

	Fixed costs	+	Variable costs	=	Total cost
Direct material	Answer		Answer		Answer
Direct labor	Answer		Answer		Answer
Manufacturing overhead	Answer		Answer		Answer
Selling expenses	Answer		Answer		Answer
Administrative	Answer		Answer		Answer
Total cost	Answer		Answer		Answer