Gregorie Tool & Die reports the following information for the quarter:

Sales price $ $75$

Fixed costs $($for the quarter$)$

Selling and administration $47,640$

Production $142,920$

Variable cost $($per unit$)$

Materials $19$

Labor $16$

Plant supervision $9$

Selling and administrative $10$

Number of units $($for the quarter$)23,820$ 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.

Answer rating: 100% (QA)

Answer Variable cost per unit Materials 19 Labor 16 Plant supervision 9 Selling and administrative 1... View the full answer