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Grover Company has the following data for the production and sale of 2,600 units. Sales price per unit $ 800 per unit Fixed costs: Marketing

Grover Company has the following data for the production and sale of 2,600 units.

Sales price per unit $ 800 per unit
Fixed costs:
Marketing and administrative $ 390,000 per period
Manufacturing overhead $ 325,000 per period
Variable costs:
Marketing and administrative $ 45 per unit
Manufacturing overhead $ 75 per unit
Direct labor $ 115 per unit
Direct materials $ 260 per unit

What is the full cost per unit of making and selling the product?

Multiple Choice

  • $495

  • $620

  • $575

  • $770

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