Madrid Corporation has compiled the following information from the accounting system for the one product it sells. Sales price $900 per unit Fixed costs (for the month) Marketing and administrative $108,000 Manufacturing overhead $162,000 Variable costs (per unit) Marketing and administrative $18 Direct materials $270 Manufacturing overhead $60 Direct labor $165 Units produced and sold (for the month) 1,800

Determine each of the following unit costs: a . Variable manufacturing cost. b . Variable cost. c . Full absorption cost. d . Full cost.

write 3-4 sentences interpreting the results of the solution provided