Components of Full Costs: The following cost, price, and volume data apply to Springs & Teen Company for a particular month:

Required:

a. How much are each of the following unit costs (see Illustration 2-10)?

1. Variable manufacturing cost.

2. Variable cost.

3. Full manufacturing cost.

4. Full cost.

b. How much are each of the following unit margins (see Illustrations 2-11 and 2-12)?

1. Profit margin.

2. Gross margin.

3. Contribution margin.

Transcribed Image Text:

Sales price per unit Fixed costs: Marketing and administrative Manufacturing overhead Variable costs: $ 1,000 per unit 130,000 per period 150,000 per period Marketing and administrative 80 per unit 100 per unit 200 per unit Manufacturing overhead Direct labor Direct materials Units produced and sold 250 per unit 1,000 per period