Question
Columbia Products produced and sold 1,300 units of the companys only product in March. You have collected the following information from the accounting records:Sales price
Columbia Products produced and sold 1,300 units of the companys only product in March. You have collected the following information from the accounting records:Sales price (per unit) $ 122Manufacturing costs:Fixed overhead (for the month) 14,300Direct labor (per unit) 7Direct materials (per unit) 32Variable overhead (per unit) 23Marketing and administrative costs:Fixed costs (for the month) 20,800Variable costs (per unit) 4
required:a. Compute the following:
variable manufacturing cost per unit
full cost per unit
variable cost per unit
full absorption cost per unit
prime cost per unit
conversion cost per unit
profit margin cost per unit
contribution margin per unit
cost margin per unit
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