Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sales price Fixed costs (for the quarter) Selling and administration Production Variable cost (per unit) Materials Labor Plant supervision Selling and administrative Number of units
Sales price Fixed costs (for the quarter) Selling and administration Production Variable cost (per unit) Materials Labor Plant supervision Selling and administrative Number of units (for the quarter) Required: Select the answer for each of the following costs. a. Variable cost per unit. b. Variable production 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. $ 110 47,780 143,340 26 23 16 17 23,890 units Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Variable cost per unit. OOOO $ 88 $ 49 82 $ 65 Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Contribution margin per unit. 39 $ 28 EA $ 45 $ 33 Required Required H Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Gross margin per unit. EA $ EA 0 $ 6 45 28 39 Required A Required B Required C Required D Required E Required F Required G Required H Variable production cost per unit. $ 88 $ 49 $ 82 $ 65 Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Full cost per unit. 71 EA $ 90 88 106 Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Full absorption cost per unit. 71 90 88 106 Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Prime cost per unit. $ EA $ EA $ $ 26 49 23 39 < Required D Required F > Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Conversion cost per unit. 39 45 56 EA 33
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started