Procter & Gamble produces two types of cleaning products, Liquid Soap and Detergent. The following cost data is available:

Cost Item	Liquid Soap	Detergent
Direct Material	$0.8/unit	$1.2/unit
Direct Labor	$0.3/unit	$0.5/unit
Overhead	180% of direct labor cost	150% of direct labor cost

Additional Information:

• Production for Liquid Soap: 2,000,000 units
• Production for Detergent: 1,500,000 units

Requirements:

1. Calculate the total cost for Liquid Soap and Detergent.
2. Determine the cost per unit for each product.
3. Prepare a cost sheet for both products.
4. Analyze the cost structure and suggest which product is more cost-effective.
5. Discuss the implications of cost structure on market pricing and profitability.