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Variable and Absorption Costing During its first year, Walnut, Inc., showed an $81 per-unit profit under absorption costing but would have reported a total profit
Variable and Absorption Costing During its first year, Walnut, Inc., showed an $81 per-unit profit under absorption costing but would have reported a total profit $72,000 less under variable costing. If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent:
a. Fixed cost per unit?
$Answer per unit
b. Sales price per unit?
$Answer per unit
c. Variable cost per unit?
$Answer per unit
d. Unit sales volume if total profit under absorption costing was $567,000?
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