Determine the cost per unit for the production

Assignment Help Cost Accounting

Reference no: EM131883383

Problem

Jell Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,763 units of its sole product. Jell desires a profit equal to a 25% rate of return on invested assets of $587,985.00.

Fixed factory overhead cost	$36,960.00
Fixed selling and administrative costs	$7,754.00
Variable direct materials cost per unit	$4.25
Variable direct labor cost per unit	$1.88
Variable factory overhead cost per unit	$1.13
Variable selling and administrative cost per unit	$4.50

Determine the cost per unit for the production and sale of the company's product.

Reference no: EM131883383

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