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need explantion on how to solve product cost per unit.. Product Costs Bob's Bistro produces party sized hoagie sandwiches. For next year, Bob's Bistro predicts
need explantion on how to solve product cost per unit..
Product Costs Bob's Bistro produces party sized hoagie sandwiches. For next year, Bob's Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials $140,000 Direct labor 80,000 Variable overhead 35,000 Fixed overhead 260,000 Required: If required, round your answers to the nearest cent. 1. Calculate the prime cost per unit 4.4 per unit 2. Calculate the conversion cost per unit 7.5 per unit 3. Calculate the total variable cost per unit 5.1 per unit 4. Calculate the total product manufacturing) cost per unit 103 per unit 5. What i the number of units decreased to 40,000 and all unit variable costs stayed the same indicate the impact on the following cost eBook 5. What if the number of units decreased to 40,000 and all unit variable costs stayed the same? indicate the a. Total direct materials decreases by 20% b. Total direct labor decreases by 20% c. Total variable overhead decreases by 20% d. Total fixed overhead does not change no change e. Unit prime cost decreases by 20% f. Unit conversion cost decreases by less than 20% What would the product cost per unit be in this case? per unit Step by Step Solution
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