East Company manufactures several different products. The unit costs associated with product ORD105 are as follows:

Direct materials $54	$54
Direct manufacturing labor 8	8
Variable overall production load 11	11
Fixed production overhead 25	25
Sales commissions (2% of sales) 5	55
Administrative salaries 12	12
Total 115	$115

What is the percentage of total fixed costs per unit relative to total cost associated with the ORD105 Product?

The Pederson Company reported the following:

Production cost $315,000	$ 315,000
Produced units 7,000	7,000
Units sold 6,300 units sold for $115 per unit	6,300		units sold $115 per unit
Starting inventory 1,750 units	1,750		units

What is the production cost for the finished goods inventory?

The following information relates to Expert System Corporation:

Inventory of initial work $15,000	$15.000
Inventory of work in progress 24,000	24,000
Initial product inventory 38,000	38,000
Finished goods inventory 30,000	30.000
Cost of manufactured goods 250,000	250.000
Sales 304.000	304,000

What is the gross profit margin earned by the company?