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Compute the total product cost per unit

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Reference no: EM133115032

Question - Valley Company budgets overhead of $79,000 for the year. The company uses a single plantwide overheard in allocating overhead. The company reports the following for its two products.

Cost per Unit

Standard

Premium

Direct materials

$15

$28

Direct labor

22

33

The standard model uses 2 direct labor hours per unit while the premium model uses 6 direct labor hours per unit. Assuming the company allocates overhead based on 5,000 direct labor hours, compute the total product cost per unit for the premium model.

Reference no: EM133115032

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