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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

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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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