Calculate per unit

DIrect Materials

Direct Labor

Variable Overhead

Total Finished Goods Inventory cost per unit

( Please provide working if possible)

ChocoLasting Chocolate Company Balance Sheet As of September 30, 2019 2019 2020 October November December January February Sales Sales in Units Selling Price per Unit 5,000 ASSETS LIABILITIES& EQUITIES Cash Accounts Receivable Raw Materials Inventory Finished Goods Invent PP&E, net $130,000 $31,600 $21,600 $17,550 $190,000 Accounts Payable Notes Payable Interest Payable TOTAL LIABILITIES Common Stock Retained Earni TOTAL EQUITIES TOTAL LIABILITIES& EQUITIES $28,200 $100,000 $0 128,200 $80,000 182,550 $262,550 $390,750 Collections: Collected in the Month of Sale Collected in Following Month Finished Goods Inventory: Ending FG Inventory Requirement Beginning FG Inventory, October 1, 2019 of next month's unit sales TOTAL ASSETS $390,750 units Raw Materials Inventory: Beginning RM Inventory, October 1, 2019 Raw Materials Required per Unit of FG Raw Materials Cost per Pound Ending RM Inventory Requirement Paid in Month of Purchase Paid in Following Month pounds pounds 0.75 per pound of next month's production needs Direct Labor: Labor Required per Unit of FOG Labor Cost per Hour hours per hour Manfacturing Overhead Variable OH Fixed OH Noncash Fixed OH (included in above) per labor hour per month per month Selling & Administrative Expenses: Variable S&A Fixed S&A Noncash Fixed S&A (included in above) er unit sold 25,000 per month per month Cash Borrowings: Interest Payment $ 625 per month Other: Equipment Purchase purchased on December 31, 2019