Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials Direct labor Variable overhead Fixed overhead Required: If required, round your answers to the nearest cent. 1. Calculate the prime cost per unit. per unit $100,000 80,000 30,000 260,000 2. Calculate the conversion cost per unit. per unit 4. Calculate the total product (manufacturing) cost per unit. per unit

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 50,000 units will be produced with the following total
costs:
Direct materials
Direct labor
Variable overhead
Fixed overhead
Required:
If required, round your answers to the nearest cent.
1. Calculate the prime cost per unit.
per unit
$100,000
80,000
30,000
260,000
2. Calculate the conversion cost per unit.
per unit
4. Calculate the total product (manufacturing) cost per unit.
per unit
Transcribed Image Text:Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials Direct labor Variable overhead Fixed overhead Required: If required, round your answers to the nearest cent. 1. Calculate the prime cost per unit. per unit $100,000 80,000 30,000 260,000 2. Calculate the conversion cost per unit. per unit 4. Calculate the total product (manufacturing) cost per unit. per unit
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