Question: Variable and Absorption Costing During its first year, Walnut, Inc., showed an $54 per-unit profit under absorption costing but would have reported a total profit

Variable and Absorption Costing During its first year, Walnut, Inc., showed

Variable and Absorption Costing During its first year, Walnut, Inc., showed an $54 per-unit profit under absorption costing but would have reported a total profit $48,000 less under variable costing. If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent: a. Fixed cost per unit? $ per unit b. Sales price per unit? $ per unit c. Variable cost per unit? per unit d. Unit sales volume if total profit under absorption costing was $486,000? units

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