Lillibridge & Friends, Inc. provides you with the following data for its single product: 

Required

Give the amounts for each of the following:

a. Prime cost per unit.

b. Contribution margin per unit.

c. Gross margin per unit.

d. Conversion cost per unit.

e. Variable cost per unit.

f. Full absorption cost per unit.

g. Variable production cost per unit.

h. Full cost per unit.

i. Suppose the number of units increases to 600,000 units per quarter, which is within the relevant range. Which of amounts (a) through (h) will change? For each that will change, give the new amount for a volume of 600,000 units.  

Transcribed Image Text:

Sales price per unit.. Fixed costs (per quarter): Selling, general, and administrative (SG&A). Manufacturing overhead... Variable costs (per unit): Direct labor....... Direct materials.... Manufacturing overhead. SG&A............ Number of units produced per quarter. GA 50 1,500,000 4,500,000 8 11 9 5 500,000 units