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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 2,600 Manufacturing overhead 2,100 Selling
Total and Unit Product Cost
Martinez Manufacturing Inc. showed the following costs for last month:
Direct materials | $5,000 |
Direct labor | 2,600 |
Manufacturing overhead | 2,100 |
Selling expense | 7,000 |
Last month, 5,000 units were produced and sold.
Required:
1. What is the total product cost for last month?
2. What is the unit product cost for last month? If required, round your answer to the nearest cent. $__________per unit
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