What is the product cost per unit for coed novelties

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Coed Novelties manufactures key chains for college bookstores. During 2017, the company had the following costs

Direct materials used            $41,000

Direct labor                 $28,000

Factory Rent                   $22,000

Equip. Depreciation - Factory $12,000

Equip. Depreciation - Office $1750

Marketing expense           $12,500

Administrative expense       $50,000

Problem 1: If 45,000 units were produced in 2017, what is the product cost per unit?

Reference no: EM132667757

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