Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. $ 34 per unit $ 24 per unit $ 12 per unit Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Compute total product cost per unit using absorption costing for the following production levels: (a) 3,000 units, (b) 3,600 units, and (c) 4,500 units. Product cost per unit using absorption costing Total product cost per unit $ 54,000 per year $ 2 per unit $ 26,000 per year 3,000 Units produced 3,600 4,500

Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. Compute total product cost per unit using absorption costing for the following production levels: (a) 3,000 units, (b) 3,600 units and (c)4,500 units. Required information [The following information applies to the questions displayed below] Barnes Company reports the following for its product for its first year of operations. The company sells its product for $140 per unit Compute gross profit using absorption costing assuming the company (a) produces and sells 3,000 units and (b) produces 3,600 units and sells 3,000 units. Required information [The following information applies to the questions displayed below] Barnes Company reports the following for its product for its first year of operations. The company sells its product for $140 per unit. Compute contribution margin using variable costing assuming the company (a) produces and sells 3,000 units and (b) produces 3,600 units and sells 3,000 units