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PROBLEM SOLVING HP Inc. manufactures 4 sizes of its product Vista called A, B, C & D in its shop floor. Employees in the shop

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PROBLEM SOLVING HP Inc. manufactures 4 sizes of its product "Vista" called A, B, C & D in its shop floor. Employees in the shop floor are paid piece rate of BD 1, 1.5, 2 and 3 per unit for the product sizes A, B, C & D respectively. Miscellaneous payments are 20% of the basic wages (piece rate). Overhead expenses are allocated on the basis of direct material and direct labor hours. From the following info for the month of January, you are required to find the total cost per unit of each size of the product "Vista". Vista Size A B C D Direct labor (hours) 100 75 50 25 Production (units) 300 150 70 50 Direct material (BD) 250 150 100 125 Overhead Expenses (in BD): Indirect material 500 Indirect labor 550 Indirect expenses 400

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