Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales price per unit: $ 2 0 0 Fixed costs ( per quarter ) : Selling , general , and administrative ( SG & A

Sales price per unit: $200 Fixed costs ( per quarter ) : Selling , general , and administrative ( SG & A ) : 1,500,000 Manufacturing overhea: 4,500,000 Variable costs (per unit)- Direct labor: 23 Direct materials: 26 Manufacturing overhead: 24SG & A: 20 Number of units produced per quarter: 500,000 units Required : Compute the amounts for each of the following assuming that the production levels are within the relevant range if the number of units is 500,000 per quarter . Also calculate if the number of units increases to 600,000 per quarter . Note : Do not round intermediate calculations . Round your answers to 2 decimal places A. Prime cost per unit =49.00 b . Contribution margin per unit C. Gross margin per unit d . Conversion cost per unit. e . Variable cost per unit f . Full absorption cost per unit g . Variable production cost per unit h . Full cost per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Option Volatility And Pricing Advanced Trading Strategies And Techniques

Authors: Sheldon Natenberg

2nd Edition

0071818774, 978-0071818773

More Books

Students also viewed these Finance questions

Question

Describe the major barriers to the use of positive reinforcement.

Answered: 1 week ago