McDonald's and Burger King are two fast-food chains known for their burgers, fries, and other menu items. Both companies use process costing to allocate production costs for their signature burger offerings.

Scenario: McDonald's produces its iconic Big Mac, while Burger King manufactures its flagship Whopper burger. The production costs for each burger include ingredients, labor, and overhead.

• McDonald's Big Mac Production Costs:
  • Direct Materials Cost per unit: $2.50
  • Direct Labor Cost per unit: $1.00
  • Manufacturing Overhead Cost per unit: $0.75
• Burger King's Whopper Production Costs:
  • Direct Materials Cost per unit: $2.00
  • Direct Labor Cost per unit: $0.80
  • Manufacturing Overhead Cost per unit: $0.60

Requirements:

1. Calculate the total manufacturing cost per unit for McDonald's Big Mac.
2. Determine the total manufacturing cost per unit for Burger King's Whopper.
3. Compare the production costs and pricing strategies of McDonald's and Burger King for their signature burgers.