Final answer:
To calculate the manufacturing overhead cost per unit for each product, determine the cost driver for each overhead cost pool and allocate the overhead cost based on the usage of the cost driver. Divide the allocated overhead cost by the number of units produced to get the manufacturing overhead cost per unit.
Step-by-step explanation:
To calculate the manufacturing overhead cost per unit for each product, you first need to determine the cost driver for each overhead cost pool. The cost driver is the factor that best represents the consumption of the overhead cost. For example, if the overhead cost pool is based on machine hours, the cost driver would be the number of machine hours used in the production process.
Once you have identified the cost driver for each overhead cost pool, you can allocate the overhead cost to each product based on the usage of the cost driver. For example, if one product uses more machine hours than another, it will bear a larger share of the overhead cost.
To calculate the manufacturing overhead cost per unit for each product, divide the allocated overhead cost by the number of units produced for that product. This will give you the manufacturing overhead cost per unit for each product.