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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