Question
The following information is available for Henderson Components for the year just ended. Sales price $ 80 Fixed costs (for the year) Selling and administrative
The following information is available for Henderson Components for the year just ended.
| Sales price | $ | 80 | |
| Fixed costs (for the year) | |||
| Selling and administrative | 452,200 | ||
| Production | 678,300 | ||
| Variable cost (per unit) | |||
| Materials | 19 | ||
| Labor | 15 | ||
| Plant supervision | 12 | ||
| Selling and administrative | 16 | ||
| Number of units (for the quarter) | 226,100 | units | |
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.
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
6th edition
131588141, 978-0131588141
