Homework Answers
Fixed production cost = $1,000,000
Number of units sold = 200,000
Fixed production cost per unit = Fixed production cost / Number of units sold
= 1,000,000/200,000
= $5
Materials cost per unit = $9
Labor cost per unit = $5
Plant supervision per unit = $2
Prime cost per unit = Materials cost per unit + Labor cost per unit
= 9+5
= $14
The prime cost per unit = $14
Conversion cost per unit = Labor cost per unit+ Plant supervision per unit+ Fixed production cost per unit
= 5+2+5
= $12
The Conversion cost per unit = $12
Kindly comment if you need further assistance. Thanks‼!
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