Procter & Gamble produces two types of shampoos, Regular and Premium. The cost data for these products are as follows:

Cost Item	Regular	Premium
Direct Material	$1/unit	$3/unit
Direct Labor	$0.5/unit	$1.5/unit
Overhead	200% of direct labor cost	150% of direct labor cost

Additional Information:

• Production for Regular: 100,000 units
• Production for Premium: 50,000 units

Requirements:

1. Calculate the total cost for Regular and Premium shampoos.
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.

Suggest pricing strategies based on the cost analysis.