Loretto Audio produced and sold $750$ units of the company's signature

$($and only$)$ product in November. You have collected the following

information from the accounting records:

Sales price $($per unit$)$

$ $695$

Manufacturing costs:

Fixed overhead $($for the month$)$

Direct labor $($per unit$)$

$62,250$

Direct materials $($per unit$)44$

Variablmatr $($per unit$)137$

$83,250$

Fixed costs $($for the month$)$

Variable costs $($per unit$)$

$17$

Required:

a$.$ Compute the following: Loretto Audio produced and sold $750$ units of the company's signature

$($and only$)$ product in November. You have collected the following

information from the accounting records:

Sales price $($per unit$)$

$ $695$

Manufacturing costs:

Fixed overhead $($for the month$)$

Direct labor $($per unit$)$

$62,250$

Direct materials $($per unit$)44$

Variablmatr $($per unit$)137$

$83,250$

Fixed costs $($for the month$)$

Variable costs $($per unit$)$

$17$

Required:

a$.$ Compute the following: