ACC 202 (F20) Homework #13 Chapter 6 E6-4B. Cost Formula The following amounts of various cost categories are experienced by Patton Manufacturing in producing and selling its only product: Direct materials 1 $14 per unit of product Direct labor $12 per direct labor hour* Manufacturing overhead $15,000 + $3.50 per direct labor hour* Selling expenses $17,000 + $2.75 per unit of product Administrative $9,000 + $0.40 per unit of product *Each unit of product requires 1.5 direct labor hours. (NOTE: (1) What is the Direct Labor Cost per UNIT (2) What is the Variable Overhead Cost per UNIT Combine the various cost factors into a general total cost formula for Patton Manufacturing and deter- mine the total cost of producing and selling 25,000 units