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Calculate the gross profit on each unit sold

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Reference no: EM132823512

A company manufactures a single product with a selling price of RM75 per unit. The table shows the costs based on sales and production volume of 8,000 units.

RM
Direct costs 158,000
Variable manufacturing overheads 74,000
Fixed manufacturing overheads 80,000
Variable selling overheads 20,000
Fixed administration overheads 100,000

Problem 1: If absorption costing is applied, calculate the gross profit on each unit sold.

a. RM21.00
b. RM36.00
c. RM43.50
d. RM46.50

Reference no: EM132823512

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