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EX 2-50 Madrid Corporation has compiled the following information from the accounting system for the one product it sells. Sales price $ 660 per unit

EX 2-50

Madrid Corporation has compiled the following information from the accounting system for the one product it sells.

Sales price $ 660 per unit
Fixed costs (for the month)
Marketing and administrative $ 103,500
Manufacturing overhead $ 154,100
Variable costs (per unit)
Marketing and administrative $ 26
Direct materials $ 170
Manufacturing overhead $ 31
Direct labor $ 120
Units produced and sold (for the month) 2,300

Required:

a. Determine the variable manufacturing cost per unit.

b. Determine the variable cost per unit.

c. Determine the full absorption cost per unit.

d. Determine the full cost per unit.

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