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What is the total product cost for last month

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Reference no: EM133100376

Question - Total and Unit Product Cost - Martinez Manufacturing Inc. showed the following costs for last month:

Direct materials $8,000

Direct labor 3,100

Manufacturing overhead 2,900

Selling expense 7,000

Last month, 5,000 units were produced and sold.

Required -

1. Classify each of the costs as product cost or period cost.

2. What is the total product cost for last month?

3. What is the unit product cost for last month? If required, round your answer to the nearest cent.

Reference no: EM133100376

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