Question
The cost accountant for the Paul Cablesource Manufacturing Company has provided you with the following information for the month of July: Variable costs Total Per
The cost accountant for the Paul Cablesource Manufacturing Company has provided you with the following information for the month of July: Variable costs Total Per unit Fixed Costs Direct labor 17.65 Direct materials 20.00 Manufacturing overhead 11.89 113,000.00 Marketing costs 4.15 34,000.00 Administrative costs 1.78 21,000.00 Required: Compute the following per unit items, assuming the company produced and sold 5,000 units at a price of $236.00 per unit. (Similar to Exercise 2-48 in chapter 2) (a) Total variable cost (b) Variable manufacturing cost (c) Full absorption cost (d) Full cost (e) Contribution margin (f) Gross margin (g) Profit margin (h) Profit margin % (i) Gross margin % (j) Contribution margin %
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