Intercontinental, inc., provides you with the following data for its single product Sales price per unit $ 50.00 Fixed costs (per month) Selling, general, and administrative (SG&A) 1,350,000 Manufacturing overhead 2,700,000 Variable costs (per unit) Direct labor 7.00 Direct materials 12.00
Intercontinental, inc., provides you with the following data for its single product
Sales price per unit $ 50.00
Fixed costs (per month)
Selling, general, and administrative (SG&A) 1,350,000
Manufacturing overhead 2,700,000
Variable costs (per unit)
Direct labor 7.00
Direct materials 12.00
Manufacturing overhead 10.00
SG&A 4.00
Number of units produced per month 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.)
300,000 units 400,000 units
a. Prime cost per unit. ____________________________
b.Contribution margin per unit. ____________________________
c. Gross margin per unit. _____________________________
d.Conversion cost per unit. _____________________________
e. Variable cost per unit. ______________________________
f. Full absorption cost per unit. ______________________________
g. Variable production cost per unit. ______________________________
h. Full cost per unit. ______________________________
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