Picante, Inc., provided the following information for the last calendar year: Beginning inventory: Direct materials $35,200 Work in process 50,000 Ending inventory: Direct materials Work in process $18,400 22,800 During the year, direct materials purchases amounted to $254,000, direct labor cost was $186,800, and overhead cost was $308,400. There were 40,000 units produced. Required: 1. Calculate the total cost of direct materials used in production. 267,000 X 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. If required, round your answer to the nearest cent. 19.07 X per unit 3. Of the unit manufacturing cost calculated in Requirement 2, $6.77 is direct materials and $7.71 is overhead. If required, round intermediate calculations and your final answers to the nearest cent. What is the prime cost per unit? 11.36 X per unit What is the conversion cost per unit? 12.3 X per unit Next