Friedman Company uses JIT manufacturing. There are several manufacturing cells set up within one of its factories. One of the cells makes stands for flat-screen televisions. The cost of produc. tion for the month of April is given below. Cell labor $ 60,000 movo Direct materials 150,000 Overhead 120,000 0000S Total $330,000 During May, 30,000 stands were produced and sold. Required: 1. Explain why process costing can be used for computing the cost of production for the su 2. Calculate the cost per unit for a stand. 3. Explain how activity-based costing can be used to determine the overhead assign cell