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Just Answer No. 9, 10, and 11 * Problem No. 1 (x2) ** Terracotta, Inc., provides you with the following data for their single product:
Just Answer No. 9, 10, and 11
* Problem No. 1 (x2) ** Terracotta, Inc., provides you with the following data for their single product: Sales price per unit Fixed Costs (per month) 75 Selling, general, and administrative (SG&A) unit Manufacturing overhead 900,000 4,050,000 S 3,150,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhea SG&A 12 15 Number of units produced per month Required: Give the amounts for each of the following: - 1) Prime cost per unit 450,000 units 450,000 units 8) Full cost per unit. (labor + materials) 12 + 20--$32 557-$62 2) Contribution margin per unit. 9) You are the manager and looking at ways to 75-55- $20 reduce costs. What two costs would you first start 3) Gross margin per unit. (after part 6) to review? 75-54 $21 4) Conversion cost per unit. 10) For each cost listed in part "9" name a document labor+overhead) 1215 +7 $34 you would request to review for potential cost savings analysis? [Hint: think about the process and the associated documents to that process.] 5) Variable cost per unit. (after part 7) 47+8-$55 6) Full absorption cost per unit. $3,150,000 := $7 7+12+20 + 15-S54 11) Why did you pick the two costs that you picked 450,000 in part "9"? 7) Variable production cost per unit. 12+20 + 15 = $47Step by Step Solution
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