eBook Calculator Product Costs Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 50,000 units will be produced, with the following total costs: Direct materials Direct labor Variable overhead Fixed overhead $100,000 70,000 25,000 220,000 Required: If required, round your answers to the nearest cent. 1. Calculate the prime cost per unit. 3.4 per unit 2. Calculate the conversion cost per unit. 6.3 per unit 3. Calculate the total variable cost per unit. 3.9 per unit 4. Calculate the total product manufacturing) cost per unit. per unit 8.3 5. What if the number of units increased to 55,000 and all unit variable costs stayed the same? indicate the impact on the following costs. a. Total direct materials increases by 10% b. Total direct labor increases by 10% 1. Calculate the prime cost per unit. 3.4 per unit 2. Calculate the conversion cost per unit. 6.3 per unit 3. Calculate the total variable cost per unit. 3.9 per unit 10% 4. Calculate the total product (manufacturing) cost per unit. 8.3 per unit 5. What if the number of units increased to 55,000 and all unit variable costs stayed the same? indicate the impact on the following costs. a. Total direct materials increases by b. Total direct labor increases by 10% c. Total variable overhead Increases by 10% d. Total fixed overhead does not change no change e. Unit prime cost does not change no change f. Unit conversion cost decreases by less than 10% What would the product cost per unit be in this case? per unit