Question: Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A)
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month Required: $ 51.00 1,350,000 2,700,000 7.00 12.00 9.00 6.00 300,000 units Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers to 2 decimal places.) > Answer is complete but not entirely correct. 300,000 units 400,000 units a. Prime cost per unit. $ 19.00 $ 19.00 b. Contribution margin per unit. $ 19.00 XS 19.00 X C. Gross margin per unit. $ 14.00 $ 16.25 d. Conversion cost per unit. $ 25.00 $ 22.75 e. Variable cost per unit. $ 32.00 S 32.00 X f. Full absorption cost per unit. $ 37.00 $ 34.75 Variable production cost per g. $ 28.00 $ 28.00 unit. h. Full cost per unit. $ 45.50 $ 42.13 X
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