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***Please answer all questions*** 1. 2. 4 Columbia Products produced and sold 1,300 units of the company's only product in March. You have collected the
***Please answer all questions***
1.
2.
4 Columbia Products produced and sold 1,300 units of the company's only product in March. You have collected the following information from the accounting records: 0.83 points $ 129 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) Variable costs (per unit) 15,600 6 29 24 eBook 22,100 5 Print Required: a. Compute the following: References 1. 2 3. 4. 5. Variable manufacturing cost per unit. Full cost per unit. Variable cost per unit. Full absorption cost per unit. Prime cost per unit. Conversion cost per unit. Profit margin per unit. Contribution margin per unit. Gross margin per unit. 6. 7. 8. 9. Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity $ 1,072,000 1,948,000 248,000 213,000 Variable costs: Direct materials used Direct labor Indirect materials and supplies Power to run plant equipment Fixed costs: Supervisory salaries Plant utilities (other than power to run plant equipment) Depreciation on plant and equipment (straight-line, time basis) Property taxes on building 925,000 295,000 146,000 198,000 Required: Unit variable costs and total fixed costs are expected to remain unchanged next month. Calculate the unit cost and the total cost if 21,000 units are produced next month. (Round "Unit costs" to 2 decimal places.) Total variable costs Total fixed costs Total costs Unit costsStep by Step Solution
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