Gregorie Tool & Die reports the following information for the quarter: Required Select the answer for each
Question:
Gregorie Tool & Die reports the following information for the quarter:
Required
Select the answer for each of the following costs.
a. Variable cost per unit.
1. $30
2. $35
3. $42
4. $45
b. Variable production cost per unit.
1. $30
2. $35
3. $42
4. $45
c. Full cost per unit.
1. $10
2. $35
3. $42
4. $45
d. Full absorption cost per unit.
1. $30
2. $35
3. $37
4. $45
e. Prime cost per unit.
1. $12
2. $15
3. $27
4. $30
f. Conversion cost per unit.
1. $12
2. $22
3. $30
4. $37
g. Contribution margin per unit.
1. $10
2. $20
3. $22
4. $25
h. Gross margin per unit.
1. $10
2. $18
3. $20
4. $25
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