Question: During its first year, Walnut, Inc., showed an ($18) per-unit profit under absorption costing but would have reported a total profit ($16,000) less under variable

During its first year, Walnut, Inc., showed an $$18$ per-unit profit under absorption costing but would have reported a total profit $$16,000$ less under variable costing. If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent:

a. Fixed cost per unit?

b. Sales price per unit?

c. Variable cost per unit?

d. Unit sales volume if total profit under absorption costing was $$198,000$?

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