Question: Exercise 2-33 (Algo) Basic Concepts (LO 2-1, 6) Gregorie Tool & Die reports the following information for the quarter: Sales price $ 120 Fixed costs

Exercise 2-33 (Algo) Basic Concepts (LO 2-1, 6) Gregorie Tool & Die reports the following information for the quarter: Sales price $ 120 Fixed costs (for the quarter) Selling and administration 47,820 Production 143,460 Variable cost (per unit) Materials 28 Labor 25 Plant supervision 18 Selling and administrative 19 Number of units (for the quarter) 23,910 units Required: Select the answer for each of the following costs. Variable cost per unit. Variable production cost per unit. Full cost per unit. Full absorption cost per unit. Prime cost per unit. Conversion cost per unit. Contribution margin per unit. Gross margin per unit.

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