Product Cost Formula = Direct Labor + Direct Material + Factory Overheads.
Factory OH = Indirect Labor + Indirect Material + Other Factory OH.
Product Cost per Unit Formula = (Total Product Cost ) / Number of Units Produced.
Total Raw Material = Raw Material Required for Production + Ending Raw Material Inventory.

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#engineers
#productCost
#costing
#PartCost
#part_Cost
#Product_Cost

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