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Harris Corporation produces a single product. Last year, Harris manufactured 30,140 units and sold 24,600 units. Production costs for the year were as follows: Fixed
Harris Corporation produces a single product. Last year, Harris manufactured 30,140 units and sold 24,600 units. Production costs for the year were as follows: |
Fixed manufacturing overhead | $572,660 |
Variable manufacturing overhead | $223,036 |
Direct labor | $147,686 |
Direct materials | $253,176 |
Sales were $1,242,300, for the year, variable selling and administrative expenses were $140,220, and fixed selling and administrative expenses were $217,008. There was no beginning inventory. Assume that direct labor is a variable cost. |
The contribution margin per unit would be |
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