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Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit $ 52.00 Fixed costs (per month): Selling, general, and
Intercontinental, Inc., provides you with the following data for its single product:
Sales price per unit | $ | 52.00 | |
Fixed costs (per month): | |||
Selling, general, and administrative (SG&A) | 1,350,000 | ||
Manufacturing overhead | 2,700,000 | ||
Variable costs (per unit): | |||
Direct labor | 8.00 | ||
Direct materials | 12.00 | ||
Manufacturing overhead | 10.00 | ||
SG&A | 6.00 | ||
Number of units produced per month | 300,000 | units | |
Required:
Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
300,000 units | 400,000 units | ||
a. | Prime cost per unit. | $20.00 | $20.00 |
b. | Contribution margin per unit. | $16.00 | $16.00 |
c. |
Gross margin per unit. | ||
d. | Conversion cost per unit. | ||
e. | Variable cost per unit. | ||
f. | Full absorption cost per unit. | ||
g. | Variable production cost per unit. | ||
h. | Full cost per unit. |
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