I need some help trying to figure this out, I am not sure if I did a and b correct.
Clark Inc. produces designer watches. Each watch requires the following.
Material $ 20.00
Direct Labor Hours 3
Supervisor Salary $ 30,000
Hourly wage per hour $ 5.00
If the company produces 250 watches in a year,
a What is the fixed cost per watch? 20+15+30000=30035/250=120.14 120.14
b What is the variable cost per watch? 20*250 5000
c What is the unit product cost?