3 points Exercise 2-33 (Algo) Basic Concepts (LO 2-1, 2, 6) The following data apply to the provision of psychological testing services: Sales price per unit (1 unit 1 test plus feedback to client) Fixed costs (per month): Selling and administration Production overhead (e.g.. rent of testing facilities) Variable costs (per test) Labor for oversight and feedback Mc Graw Hill Outsourced test analysis Materials used in testing Production overhead $ 310 20,000 25,000 145 24 13 2,000 tests Selling and administration (e.g., scheduling and billing) Number of tests per month Required: Calculate the amount for each of the following (one unit one test) if the number of tests is 2.000 per month. Also calculate if the number of tests decreases to 1,250 per month. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Answer is complete but not entirely correct. 2.000 Tests 1250 Tests a Variable production cost per unit $ 181 $ 181 O b Variable cost per unit $ 196 Full cost per unit $ 213 $ Full absorption cost per unit $ 191 s Prime cost per unt $ 173 16 Conversion cost per unit 106 S 9 Contribution margin per unit S 104 $ Gross margin per unit 109 0000000 196 O 223 197 $ 173 106 104 s 203 C < Prev 3 of 5 Next >