ACT Inc. manufactures two product, bicycles and tricycles. ACT Inc. has two plants. Plant B manufactures bicycles and Plant T manufactures tricycles.

Plant B currently produces 4,000 bicycles per month. The following per unit data apply for sales to regular customers:

	$
Direct materials cost	46
Direct manufacturing labor cost	10
Variable manufacturing overhead cost	12
Fixed manufacturing overhead cost	15
Total manufacturing costs	83

Plant B has capacity for 6,000 bicycles and is considering expanding production to 5,000 bicycles.

At Plant T, some data regarding the production and sales of tricycles are gathered as follows:

Manufacturing costs	$480,000
Units manufactured	8,000
Units sold (units sold for $90 per unit)	7,500
Materials inventory	nil
Work-in-process inventory	nil
Beginning inventory of finished goods	2,000 units

Required: (4 points each)

1. What is the per unit cost of producing 5,000 bicycles? Enter your numeric answer in the answer box. Do Not include currency sign or comma or decimal point, if any. Answer: $.
2. What is the amount of manufacturing costs for the ending finished goods inventory of tricycles? Enter your numeric answer in the answer box. Do Not include currency sign or comma or decimal point, if any. Answer: $.
3. What is the gross margin of tricycles? Enter your numeric answer in the answer box. Do Not include currency sign or comma or decimal point, if any. Answer: $.