Question
Saira Frozen Foods, Inc., produces frozen pizzas. For next year, Saira predicts that 50,000 units will be produced, with the following total costs: Direct materials
Saira Frozen Foods, Inc., produces frozen pizzas. For next year, Saira predicts that 50,000 units will be produced, with the following total costs:
Direct materials | $250,000 |
Direct labour | 90,000 |
Variable overhead | 45,000 |
Fixed overhead | 120,000 |
Required:
1. Calculate the prime cost per unit.
2. Calculate the conversion cost per unit.
3. Calculate the total variable cost per unit.
4. Calculate the total product (manufacturing) cost per unit.
Write formula wherever required, provide all the working outs. Do not just type the final answer.
Can you please provide me the answer with in 15 minutes please.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started