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Columbia Products produced and sold 1,200 units of the company's only product in March. You have collected the followin information from the accounting records:
Columbia Products produced and sold 1,200 units of the company's only product in March. You have collected the followin information from the accounting records: Sales price (per unit) Manufacturing costs: $ 125 Fixed overhead (for the month) 14,400 Direct labor (per unit) 8 Direct materials (per unit) Variable overhead (per unit) Fixed costs (for the month) Variable costs (per unit) 32 24 Marketing and administrative costs: 18,000 3 Required: a. Compute the following: 1. Variable manufacturing cost per unit. 2. Full cost per unit. 3. Variable cost per unit. 4. Full absorption cost per unit.
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