During the month, a company with no departmentalization incurred costs of $45,000 for materials, $36,000 for labor, and $22,500 for factory overhead. There were no units in process at the beginning or at the end of the month for materials, and 20,000 units were completed. Determine the unit cost for the month for materials, labor, and factory overhead.

Simply divide your costs by the units produced. Very simple problem.

Computing Unit Cost

The records of Ramey Inc. reflect the following data:

Work in process, beginning of month–4,000 units one fourth completed at a cost of $2,500 for materials, $1,400 for labor, and $1,800 for overhead.
Production costs for the month–materials, $130,000; labor, $70,000; factory overhead, $82,000.
Units completed and transferred to stock–45,000.
Work in process, end of month–5,000 units, one-half completed.
Compute the month's unit cost for each element of manufacturing cost and the total per unit cost. (Round unit costs to three decimal places.)