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[The following information applies to the questions displayed below.] Madrid Corporation has compiled the following information from the accounting system for the one product it

[The following information applies to the questions displayed below.]

Madrid Corporation has compiled the following information from the accounting system for the one product it sells.

Sales price $ 760 per unit
Fixed costs (for the month)
Marketing and administrative $ 94,000
Manufacturing overhead $ 124,000
Variable costs (per unit)
Marketing and administrative $ 26
Direct materials $ 180
Manufacturing overhead $ 32
Direct labor $ 110
Units produced and sold (for the month) 2,000

Exercise 2-50 (Algo) Components of Full Costs (LO 2-6)

Required:

a. Determine the variable manufacturing cost per unit.

b. Determine the variable cost per unit.

c. Determine the full absorption cost per unit.

d. Determine the full cost per unit.

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