Question

... Assignment #3 0 Seved Help Save Columbia Products produced and sold 900 units of the company's only product in March. You have collected the following information from the accounting records: Sales price (per unit) Manufacturing costa: Fixed overhead (for the month) Direct labor (per unit) Direct materials (per unit) Variable overhead (per unit) Marketing and administrative costs: Fixed cost (for the month) Variable costs (per unit) 448 50,400 35 112 70 67,500 14 es Required: a. Compute the following: 217 1. Variable manufacturing cost per unit. 362 2. Full cost per unit. 84 %2$ cost per unit. 3. Variable 362 4. Full absorption cost per unit. 147 24 5. Prime cost per unit. 6. Conversion cost per unit. 161 86 7. Profit margin per unit. 8. Contribution margin per unit. 9. Gross margin per unit. 12 of 12 I Next> < Prev 98

Answer 1

1	Variable manufacturing cost per unit	$                   217	($35 + 112 + 70)
2	Full cost per unit	$                   362	[$217 + 14 + ($50400/900) + ($67500/900)]
3	Variable cost per unit	$                   231	($35 + 112 + 70 + 14)
4	Full absorption cost per unit	$                   273	[($35 + 112 + 70) + ($50400/900)]
5	Prime cost per unit	$                   147	($35 + 112)
6	Conversion cost per unit	$                   161	[($35 + 70) + ($50400/900)]
7	Profit margin per unit	$                     86	[($175 - $14 - ($67500/900)]
8	Contribution margin per unit	$                   217	($448 - $231)
9	Gross margin per unit	$                   175	($448 - $273)