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New horizon Inc. manufactures equipment for mining companies and identified the following costs associated with their operations. The following information is available for the month

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New horizon Inc. manufactures equipment for mining companies and identified the following costs associated with their operations. The following information is available for the month of August Costitem Amount AED Cost per unit Direct wages 250,000 Chief financial officer's salary 55,000 Insurance on Factory Building Sales commissions for sales personnel Power to operate factory equipment. Marketing Costs 20,000 150,000 25,000 45,000 28,000 15,000 $5,000 Indirect Labor General Office Costs Factory Supervisor Salaries Direct Materials Used 450,000 Indirect Materials and Supplies Salaries of top executives in the company Depreciation, Factory Equipment 35,000 15.000 Compute the following amounts for August, assuming 3,000 units were produced and sold at a selling price of 2,000 AED each Required: (Show your calculation) 1. Variable Manufacturing Cost per unit 2 Total fixed cost 3. Full Cont per unit 4. Tocal period cost 5. Contribution margin

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