Chapter 2 Problem 5 The following information is available for each unit of the finished product produced and sold: Sales price Variable manufacturing cost Fixed manufacturing cost* Variable marketing and administrative cost Fixed marketing and administrative cost* $60 $20 $12 $6 $4 * The unit fixed manufacturing cost and fixed marketing and administrative costs are based on an estimated volume of 6,000 units produced and sold. Required: Determine full absorption cost, variable cost, full cost, gross margin, contribution margin, and operating profit per unit.