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Harris Corporation produces a single product. Last year, Harris manufactured 33,930 units and sold 28,300 units. Production costs for the year were as follows: Fixed
Harris Corporation produces a single product. Last year, Harris manufactured 33,930 units and sold 28,300 units. Production costs for the year were as follows:
Fixed manufacturing overhead | $542,880 |
Variable manufacturing overhead | $288,405 |
Direct labor | $145,899 |
Direct materials | $288,405 |
Sales were $1,287,650, for the year, variable selling and administrative expenses were $164,140, and fixed selling and administrative expenses were $206,973. There was no beginning inventory. Assume that direct labor is a variable cost. |
The contribution margin per unit would be:(Do not round intermediate calculations.) |
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