Nike Inc. manufactures two types of shoes, Running and Basketball. The following cost data pertains to these shoes:

Cost Item	Running Shoes	Basketball Shoes
Direct Material	$30/unit	$45/unit
Direct Labor	$10/unit	$15/unit
Overhead	200% of direct labor cost	150% of direct labor cost

Additional Information:

• Production for Running Shoes: 20,000 units
• Production for Basketball Shoes: 15,000 units

Requirements:

1. Calculate the total cost for Running Shoes and Basketball Shoes.
2. Determine the cost per unit for each shoe type.
3. Prepare a cost sheet for both shoes.
4. Compare the cost structures and suggest which shoe type is more cost-effective.
5. Recommend pricing strategies based on the cost analysis.