Hillsborough Street Manufacturing Inc. incurred the following costs in 2009:
$$\begin{array} { l r }
\text { Direct materials used } & \$ 37000 \
\text { Direct labour costs } & 45000 \
\text { Factory rent and utilities } & 18000 \
\text { Factory equipment depreciation } & 10000 \
\text { Marketing expenses } & 3000 \
\text { Administrative expenses } & 9000
\end{array}$$
50 000 units were produced during the year out of which 40 000 units were sold for $10 each. There was no beginning or ending raw materials or work-in-process inventory.
-What is the product cost per unit?

Question

Hillsborough Street Manufacturing Inc. incurred the following costs in 2009:
$$\begin{array} { l r } 
\text { Direct materials used } & \$ 37000 \
\text { Direct labour costs } & 45000 \
\text { Factory rent and utilities } & 18000 \
\text { Factory equipment depreciation } & 10000 \
\text { Marketing expenses } & 3000 \
\text { Administrative expenses } & 9000
\end{array}$$
50 000 units were produced during the year out of which 40 000 units were sold for $10 each. There was no beginning or ending raw materials or work-in-process inventory.
-What is the product cost per unit?

Quizplus · Accepted Answer

The Answer of Hillsborough Street Manufacturing Inc. incurred the following costs in 2009:
$$\begin{array} { l r } 
\text { Direct materials used } & \$ 37000 \
\text { Direct labour costs } & 45000 \
\text { Factory rent and utilities } & 18000 \
\text { Factory equipment depreciation } & 10000 \
\text { Marketing expenses } & 3000 \
\text { Administrative expenses } & 9000
\end{array}$$
50 000 units were produced during the year out of which 40 000 units were sold for $10 each. There was no beginning or ending raw materials or work-in-process inventory.
-What is the product cost per unit?

Hillsborough Street Manufacturing Inc 50 000 Units Were Produced During the Year Out of \begin{array}