Question
Exercise 2-33 (Algo) Basic Concepts (LO 2-1, 6) Gregorie Tool & Die reports the following information for the quarter: Sales price $ 105 Fixed costs
Exercise 2-33 (Algo) Basic Concepts (LO 2-1, 6) Gregorie Tool & Die reports the following information for the quarter: Sales price $ 105 Fixed costs (for the quarter) Selling and administration 47,760 Production 143,280 Variable cost (per unit) Materials 25 Labor 22 Plant supervision 15 Selling and administrative 16 Number of units (for the quarter) 23,880 units Required: Select the answer for each of the following costs. Variable cost per unit. Variable production cost per unit. Full cost per unit. Full absorption cost per unit. Prime cost per unit. Conversion cost per unit. Contribution margin per unit. Gross margin per unit.
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
