Homework Answers
Answer:
| a. Variable cost per unit. |
| Variable cost per unit = $21+18+11+12 = $62 per unit |
| b. Variable production cost per unit. |
| Direct material + Direct labor + Variable manufacturing overhead |
| = $21 + $18+ $11 = $50 per unit |
| c. Full cost per unit. |
| = Variable cost per unit + (Fixed cost / Nos of units) |
| =$62+($47,680+$143,040)/23,840=$62+$8=$70 |
| d. Full absorption cost per unit. |
| (Variable production cost + Fixed manufacturing cost) / Nos of unit produced |
| =($50*23,840+$143,040)/23,840=$56 |
| e. Prime cost per unit. |
| Direct material + Direct labor = $21 + $18 = $39 per unit |
| f. Conversion cost per unit. |
| Conversion cost per unit = (Direct labor + Manufacturing overhead) + (Production cost / Nos of unit produced) |
| =$18+$11+($143,040/23,840)=$18+$11+$6=$35 Per Unit |
| g. Contribution margin per unit. |
| = Selling price per unit - Variable cost per unit |
| = $85-62 = $23 per unit |
| h. Gross margin per unit. |
| = (Variable production cost + Fixed manufacturing cost) / Nos of unit produced |
| manufacturing cost per unit =(50*23,840 )+143,040/23,840=$56 per unit |
| Gross margin per unit = Selling price per unit - manufacturing cost per unit |
| =$85-$56=$29 Per unit |
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