7 In 2022. Sauyo Company incurred the following costs Direct materials Direct labor Factory overhead Selling expense Administrative expense Units produced and sold: 10,000 units sold at a price of P38.75 each 13. Prime cost per unit is a. P 7.00 b.P15.00 14. Conversion cost per unit is a. P 7.00 b. P 15.00 15. Cost of goods sold per unit is a. P 7.00 b)P 25.00 16. Gross profit per unit is a. P 11.00 b. P 15.00 P 62,500 25,000 162,500 50,000 45,000. 17. Operating income is a. P 34,000 b. P 110,000 Cop . P 8.75 d. P20.00 P18.75. P26.00 c. P 20.00 d. P18.75 c/P 13.75 d. P 24.00 c. P 42,500 d. P110,000

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Q: How you get the gross profit and cost of goods sold

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A: The product costs are the cost that are incurred to produce a product directly or indirectly.

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.