Pfizer is producing three types of vaccines: COVID-19, Influenza, and Hepatitis. The following cost data is available:

• COVID-19 Vaccine:
  • Direct Materials: $50,000,000
  • Direct Labor: $30,000,000
  • Overhead Rate: 140%
• Influenza Vaccine:
  • Direct Materials: $20,000,000
  • Direct Labor: $12,000,000
  • Overhead Rate: 130%
• Hepatitis Vaccine:
  • Direct Materials: $15,000,000
  • Direct Labor: $10,000,000
  • Overhead Rate: 120%

Requirements:

1. Calculate the total cost for each type of vaccine.
2. Determine the total manufacturing overhead applied to each job.
3. Prepare a Job Cost Sheet for each vaccine.
4. Compute the cost per unit if Pfizer produces 50,000,000 doses of COVID-19 Vaccine, 40,000,000 doses of Influenza Vaccine, and 30,000,000 doses of Hepatitis Vaccine.
5. Prepare a Balance Sheet reflecting these job costs.