Question: is this answer correct and explanation is needed PA2. LO 51 e. The following product costs are available for Arrez Company on the production of

is this answer correct and explanation is needed
is this answer correct and explanation is needed PA2. LO 51 e.

PA2. LO 51 e. The following product costs are available for Arrez Company on the production of DVD cases: direct materials, $1,450; direct labor, $15.50; manufacturing overhead, applied at 150% of direct labor cost; selling expenses, $1,550; and administrative expenses, $950. The direct labor hours worked for the month are 90 hours. A. What are the prime costs? A. (Direct material + Direct labor) - $1,450 + $15.50 = $1,465.50 B.What are the conversion costs? A.(Direct labor + Manufacturing overhead) - $15.50 +(15.50 x 1.5) = $38.75 C. What is the total product cost? A. (Direct Material + Direct Labor + Manufacturing Overhead) - $1,450+ $15.50 + $23.25 - $1,488.75 D. What is the total period cost? A. (Administrative cost +Selling cost) - $950 + $1,550 - $2500 E. If 1,450 equivalent units are produced what is the equivalent material cost per unit? A. (Material cost/Number of units) - $1,550/1,450 - $1.07 per equivalent unit F. What is the equivalent conversion cost per unit? A. (Conversion cost/Number of units) - $1,465,50/1,450 - $1.01 per equivalent unit

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