COST MEASUREMENT IN MANUFACTURING Zhang Manufacturing Company of HK used materials costing HK 180,000 in the production of 10,000 units of product Labor costs of HK 50,000 were incurred. Other costs of manufacturing such as factory supervi- sion, utilities, taxes and insurane are all fixed costs and amounted to HK 100,000 for the year. Administrative and marketing costs were HK 60,000. No FG inventory existed at the beginning of the year, and 8,000 units of product were sold during the year. REQUIRED: 1. Find the cost per unit to manufacture the product. Break down the cost by traditional product cost elements Show were total manufacturing cost at the end of the year 2