The following information is available for Alcoy Partners for the year just ended: Sales price Fixed...
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The following information is available for Alcoy Partners for the year just ended: Sales price Fixed costs (for the year) Selling and administrative Production Variable cost (per unit) Materials Labor Plant overhead Selling and administrative Number of units (for the year) Required: Select the answer for each of the following costs. a. Variable cost per unit.. b. Variable production cost per unit. c. Full cost per unit. d. Full absorption cost per unit. e. Prime cost per unit. f. Conversion cost per unit. g. Contribution margin per unit. h. Gross margin per unit $.69 422,100 562,800 16 10 13 10 140,700 units The following information is available for Alcoy Partners for the year just ended: Sales price Fixed costs (for the year) Selling and administrative Production Variable cost (per unit) Materials Labor Plant overhead Selling and administrative Number of units (for the year) Required: Select the answer for each of the following costs. a. Variable cost per unit.. b. Variable production cost per unit. c. Full cost per unit. d. Full absorption cost per unit. e. Prime cost per unit. f. Conversion cost per unit. g. Contribution margin per unit. h. Gross margin per unit $.69 422,100 562,800 16 10 13 10 140,700 units
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To calculate the various costs we can use the given information Lets solve for each of the required costs a Variable cost per unit Variable cost per u... View the full answer
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