Determine the variable manufacturing cost per unit

Assignment Help Accounting Basics

Reference no: EM131900505

Problem

Larcker Manufacturing's cost accountant has provided you with the following information for January operations:

Direct materials	$	30	per unit
Fixed manufacturing overhead costs	$	210,000
Sales price	$	195	per unit
Variable manufacturing overhead	$	18	per unit
Direct labor	$	27	per unit
Fixed marketing and administrative costs	$	200,000
Units produced and sold	$	5,500
Variable marketing and administrative costs	$	8	per unit

Required:

a. Determine the variable cost per unit.
b. Determine the variable manufacturing cost per unit.
c. Determine the full absorption cost per unit.
d. Determine the full cost per unit.
e. Determine the profit margin per unit.
f. Determine the gross margin per unit.
g. Determine the contribution margin per unit.

Reference no: EM131900505

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