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Determine the formula to calculate the direct costs per unit Peter Company produces mathematical and financial calculators and operates at capacity. Data related to the
Determine the formula to calculate the direct costs per unit
Peter Company produces mathematical and financial calculators and operates at capacity. Data related to the two Data Table products follows EE (Click the icon to view the data) Total manufacturing overhead costs are Total Mathematical Financial 45,000 Annual production in units Direct materials cost Direct manufacturing labor cost Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours 90,000 180,000 S 360,000 90,000 S 180,000 9,000 60,000 45 600 Machining costs S Setup costs Inspection costs 360,000 108,000 117,000 4,500 30,000 45 1,200 Direct cost of product Units produced of productDirect cost per unit Now compute the manufacturing cost per unit for each product. Mathematical Financial Direct materials Direct labor Manufacturing overhead Manufacturing cost per unit Print DoneStep by Step Solution
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