The estimated unit costs for a company operating at a production and sales level of 12,000 units are as follows:

Cost Item

Estimated Unit Cost (Rs.)

Direct materials

32

Direct Labor

20

Variable factory overhead

15

Fixed factory overhead

6

Variable marketing

3

Fixed marketing

4

Required

i.Identify the estimated conversion cost per unit.

ii.Identify the estimated prime cost per unit.

iii.Determine the estimated total variable cost per unit

iv.Compute the total cost that would be incurred during a month with a production level of 12,000 units and a sales level of 8,000 units.