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Loretto Audio produced and sold 764 units of the company's signature (and only) product in November. You have collected the following information from the
Loretto Audio produced and sold 764 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) Manufacturing costs: Fixed overhead (for the month) Direct labor (per unit) Direct materials (per unit) Variable overhead (per unit) Marketing and administrative costs: Fixed costs (for the month) $ 770 69,750 194 287 236 83,264 32 Variable costs (per unit) Required: a. Compute the following: Note: Round your answers to the nearest whole dollar. 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. $ 717
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