Loretto Audio produced and sold $761$ 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$)$ $ $755$

Manufacturing costs:

Fixed overhead $($for the month$)68,250$

Direct labor $($per unit$)164$

Direct materials $($per unit$)257$

Variable overhead $($per unit$)206$

Marketing and administrative costs:

Fixed costs $($for the month$)83,261$

Variable costs $($per unit$)29$

Required:

a$.$ Compute the following:

$1.$ Variable manufacturing cost per unit

$2.$ Full cost per unit

$3.$ Variable cost per unit

$4.$ Full absorption cost per unit

$5.$ Prime cost per unit

$6.$ Conversion cost per unit

$7.$ Profit margin per unit

$8.$ Contribution margin per unit

$9.$ Gross margin per unit