Larcker Manufacturing’s cost accountant has provided you with the following information for January operations:

Required Determine each of the following:

a. Variable cost.

b. Variable manufacturing cost.

c. Full absorption cost.

d. FX8f o Full cost.

e. Profit margin.

f. Gross margin.
g. Contribution margin.

Transcribed Image Text:

Direct materials Fixed manufacturing overhead costs Sales price Variable manufacturing overhead Direct labor ... Fixed marketing and administrative costs Units produced and sold Variable marketing and administrative costs $35 per unit $225,000 $195 per unit $20 per unit $40 per unit $195,000 5,000 $8 per unit