Question: The following data apply to the provision of psych...

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The following data apply to the provision of psychological testing services:

Sales price per unit (1 unit = 1 test plus feedback to client)	$	900
Fixed costs (per month):
Selling and administration		90,000
Production overhead (e.g., rent of testing facilities)		135,000
Variable costs (per test):
Labor for oversight and feedback		360
Outsourced test analysis		60
Materials used in testing		15
Production overhead		30
Selling and administration (e.g., scheduling and billing)		45
Number of tests per month		1,500	tests

Required:

Calculate the amount for each of the following (one unit = one test) if the number of tests is 1,500 per month. Also calculate if the number of tests decreases to 1,250 per month. (Round your answers to the nearest whole dollar.)

1,500 Tests 1,250 Tests

a. variable cost production cost per unit ? ?

b. variable cost per unit ? ?

c. full cost per unit ? ?

d. full absorption cost per unit. ? ?

e. prime cost per unit. ? ?

f. conversion cost per unit ? ?

g. contribution margin per unit. ? ?

h. gross margin per unit. ? ?

The options for each of the answer that belongs in the left columns for the letter a-f are listed below:

Direct labor costs costs

Direct materials costs

Fixed manufacturing overhead costs

Fixed marketing and administrative costs

Sales revenue

Variable manufacturing costs

Variable marketing and administrative costs