Question: MS company uses job order costing to determine the product unit cost of one of its products based on the following costs incurred during March:. liability insurance manufacturing, $3,500; rent, sales office, $3000; depreciation manufacturing equipment $5,000; direct materials, $34,000; indirect labor, manufacturing $3,600; indirect materials, $2,000; heat, light and power manufacturing, $2,500; fire insurance, manufacturing $2,400; depreciation, sales equipment, $5,000; rent, manufacturing, $4,000; direct labor, $20,000; manager's salary, manufacturing, $4,800; president's salary , $6,000; sales commission, $8,000; advertising expenses, $3,000
The inspection department reported that 40,900 good units were produced during March. Determine the unit product cost.