The Assembly Department of Colin-Max Company employs six workers on an 8-hour shift at $12.50 per hour. Factory overhead is $120 per shift hour. Production for the second week of June shows: Monday, 460 units; Tuesday, 475 units; Wednesday, 492 units; Thursday, 500 units; and Friday, 510 units. The company has recently installed a group 100-percent bonus system with a standard production for the group of 60 units per hour. The bonus is computed for each day. The controller asks for an analysis of the week's production costs.
Required:
Prepare a schedule showing earnings in the department, the unit labor cost, the unit overhead cost, and the total cost per unit. Round unit costs to three decimal places.