Harrison Company makes two products and uses a conventional costing system in which a single plant-wide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: |
Rascon | Parcel | |||
Direct materials cost per unit | $ | 13.90 | $ | 22.30 |
Direct labor cost per unit | $ | 5.90 | $ | 3.60 |
Direct labor-hours per unit | 0.42 | 0.29 | ||
Number of units produced | 17,000 | 75,000 | ||
These products are customized to some degree for specific customers. |
Requirement 1: |
The company's manufacturing overhead costs for the year are expected to be $681,804. Using the-company's conventional costing system, compute the unit product costs for the two products. (Do not round intermediate calculation. Round your final answers to 2 decimal places. Omit the "$" sign in your response.) |
