Intel Corporation produces two types of processors, i5 and i7. The following cost data is provided:

Cost Item	i5	i7
Direct Material	$50/unit	$80/unit
Direct Labor	$20/unit	$30/unit
Overhead	160% of direct labor cost	150% of direct labor cost

Additional Information:

• Production for i5: 200,000 units
• Production for i7: 150,000 units

Requirements:

1. Calculate the total cost for i5 and i7 processors.
2. Determine the cost per unit for each processor.
3. Prepare a cost sheet for both processors.
4. Compare the cost structures and suggest which processor is more cost-effective.
5. Recommend strategies for cost control and efficient pricing.