# Serile Pharma places 800 units in production during the month of January. All 800 units are completed during the month. It had no opening inventory. Direct material costs added during January was \$74,000 and conversion costs added during January was \$8400. What is the total cost per unit of the product produced during January?

Question
69 views

Serile Pharma places 800 units in production during the month of January. All 800 units are completed during the month. It had no opening inventory. Direct material costs added during January was \$74,000 and conversion costs added during January was \$8400.

What is the total cost per unit of the product produced during January?

check_circle

Step 1

Direct Materials: At the time of manufacturing, material which is directly related to the finished goods is known as direct material.

Direct Labor Cost: Direct labor cost is the cost of the labor paid to the employees who are directly involved in the conversion of the raw materials to the finished products. For example: Wages paid to the mechanic.

Step 2

Calculate the total cost per unit ...

### Want to see the full answer?

See Solution

#### Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in