Question: Assume that Wilson company produces a single product that has a per unit cost of $363 for direct materials and $44 directlabor. The production of each unit requires three hours of labor. Electricity cost is $4 per labor hour to run the machines used in production. The company's annual factory rent is $500000, supervisor's salary is $50,000 and the remainderof annual fixed manufaacturing overheadis $150000. If the company produces 35000 units per year. What is the unit product cost? Please show steps.