Question: Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000 Sales price per unit Fixed costs (per month): Selling,


Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000 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 7.00 12.00 10.00 5.00 300,000 units Required: 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. units a. b. c. Prime cost per unit. Contribution margin per unit. Gross margin per unit. Conversion cost per unit. Variable cost per unit. Full absorption cost per unit. Variable production cost per unit. Full cost per unit. $ $ $ $ $ $ $ $ 300,000 400,000 units 21.00 $ 21.00 16.00 $ 16.00 16.50 $ 16.50 28.00 $ 26.50 35.00 $ 35.00 36.00 $ 34.50 30.00 $ 30.00 47.00 $ 44.00 h. Columbia Products produced and sold 1,200 units of the company's only product in March. You have collected the following information from the accounting records: $ 132 13,200 Sales price (per unit) Manufacturing costs: Fixed overhead (for the month) Direct labor (per unit) Direct materials (per unit) Variable overhead (per unit) Marketing and administrative costs: Fixed costs (for the month) Variable costs (per unit) 33 18,000 Required: a. Compute the following: Answer is complete but not entirely correct. 1. 2. $ $ 3. 4. Variable manufacturing cost per unit. Full cost per unit. Variable cost per unit. Full absorption cost per unit. Prime cost per unit. Conversion cost per unit. Profit margin per unit. Contribution margin per unit. Gross margin per unit. 63 93 26 % 67 41 41 65% 106 58
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