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Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month: Direct materials $5,000 Direct labor 2,500 Manufacturing overhead 1,700 Selling
Total and Unit Product Cost
Martinez Manufacturing Inc. showed the following costs for last month:
Direct materials | $5,000 |
Direct labor | 2,500 |
Manufacturing overhead | 1,700 |
Selling expense | 9,000 |
Last month, 4,000 units were produced and sold.
Required:
Direct materials | Product cost |
Direct labor | Product cost |
Manufacturing overhead | Product cost |
Selling expense | Period cost |
2. What is the total product cost for last month? $
3. What is the unit product cost for last month? If required, round your answer to the nearest cent. ? $per unit
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