Aylor & edwards inc. manufactures television sets. last month, direct materials (electronic components, etc.) costing $550,000 were put into production. direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000. the company manufactured 8,400 television sets during the month. assume that there were no beginning or ending work in process balances. what was the per unit prime cost? (note: round your answer to two decimal places.)

Unitary prime cost= $170.24

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.

Direct labor= $880,000.

Manufacturing overhead equaled $495,000

The company manufactured 8,400 television sets during the month.

Unitary prime cost= (direct material + direct labor)/number of units

Unitary prime cost= (550000 + 880000)/8400= $170.24

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explanation: