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Mitsu Corporation produces two types of flat-screen televisions - standard and high grade. Since the introduction of the high-grade product, profits have steadily declined. Management

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Mitsu Corporation produces two types of flat-screen televisions - standard and high grade. Since the introduction of the high-grade product, profits have steadily declined. Management has asked you to investigate. You find that manufacturing overhead is currently assigned to products based using a predetermined rate equal to $1.25 per direct labor dollar. You also determine that last month's they produced 3,600 Standard TVs and 1,200 High Grade TVs. Last month's Direct-labor and direct material costs were as follows: How much of the overhead was assigned to each product if direct labor cost had been used to allocate overhead? What is the total cost per unit for each product

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