A company manufacturing two products furnishers the following data for a year: Product Annual Output (units) Total Total number Total machine of purchase number of hours orders set ups A 750 1200 85 15 B 450 800 115 10 25 1200 The annual overheads are as under: 2000 200 Volume related activity costs RO 55000 Set up related costs RO 120000 Purchase related costs RO 85000 Total RO 260000 You are required to calculate the cost per unit of each product A and B based on: a. Traditional method of charging overheads b. Activity based costing method

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.