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Dimitra Frozen Foods, Inc., produces frozen pizzas. For next year, Dimitra predicts that 40,000 units will be produced, with the following total costs: Direct materials

Dimitra Frozen Foods, Inc., produces frozen pizzas. For next year, Dimitra predicts that 40,000 units will be produced, with the following total costs:

Direct materials

$150,000

Direct labour

80,000

Variable overhead

35,000

Fixed overhead

130,000

Required:

1. Calculate the prime cost per unit.

2. Calculate the conversion cost per unit.

3. Calculate the total variable cost per unit.

4. Calculate the total product (manufacturing) cost per unit.

Next Question

Leonardo, an accountant for Jones, Inc., has decided to estimate the fixed and variable components associated with the company's repair activity. The following data for the past few months has been collected:

Repair Hours

Total Repair Costs

10

$ 800

15

950

20

1,400

30

1,250

Required:

Estimate the fixed and variable components for the repair costs using the high-low method. Using the cost formula, predict the total cost of repair if 12 hours are used.

Can you please answer it in 20 miniutes please

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