The following standard cost card is provided for navid company's product a:

direct material (2 lbs. @ $5.00 per lb.) $10.00
direct labor (1 hr @ $8.00 per hr.) 8.00
variable overhead (1 hr. @ $3.00 per hr.) 3.00
fixed overhead (1 hr. @ $2.00 per hr.) 2.00
total standard cost per unit $23.00

the fixed overhead rate is based on total budgeted fixed overhead of $12,000. during the period, the company produced and sold 5,800 units at the following costs:
direct material 12,200 pounds @ $4.80 per pound
direct labor 5,950 hours @ $8.00 per hour
overhead $29,920
the standard manufacturing cost per unit is $23.00. what is the actual manufacturing cost per unit? (do not round intermediate calculations.)

cannot be determined from the information provided.

a. $17.96.
b. $23.46.
c. $36.16.

The actual manufacturing cost per unit is 23.46

Explanation:

Step 1. Given information.

Step 2. Formulas needed to solve the exercise.

Actual manufacturing cost per unit

Direct materials = Fixed overhead * price direct material

Direct labor = direct labor * price per hour

cost per unit = Total cost / units sold  

Step 3. Calculation.

(+) Direct materials = 12,200*4.80 = 58.560  

(+) Direct labor = 5,950*8 = 47.600  

(+) Overhead 29.920  

Total 136.080  

Cost per unit = 136,080/5,800

Cost per unit = 23.46

Step 4. Solution.

The actual manufacturing cost per unit is 23.46

i tried to get the answer but i could not find it

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know