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Princeton Fabrication, Inc., produced and sold 1,300 units of the company's only product in March. You have collected the following information from the accounting records:
Princeton Fabrication, Inc., produced and sold 1,300 units of the company's only product in March. You have collected the following information from the accounting records:
Sales price (per unit) | $ | 125 | ||||
Manufacturing costs: | ||||||
Fixed overhead (for the month) | 15,600 | |||||
Direct labor (per unit) | 9 | |||||
Direct materials (per unit) | 35 | |||||
Variable overhead (per unit) | 25 | |||||
Marketing and administrative costs: | ||||||
Fixed costs (for the month) | 20,800 | |||||
Variable costs (per unit) 4 |
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