Jordon Company produced and sold 50,000 units in 2014. The units sold for $140 each. During the period, the following cost were incurred. Variable selling and administrative expenses per unit Variable manufacturing overhead per unit Direct labor per unit $ 15 20 30 Direct materials per unit 25 Fixed selling and administrative expenses $ 5,50,000 Fixed manufacturing overhead 6,50,000 Tax rate is 40%. Calculate the gross margin per unit for Jordon Company.

Jordon Company produced and sold 50,000 units in 2014. The units sold for $140 each. During the period, the following cost were incurred. Variable selling and administrative expenses per unit Variable manufacturing overhead per unit Direct labor per unit $ 15 20 30 Direct materials per unit 25 Fixed selling and administrative expenses $ 5,50,000 Fixed manufacturing overhead 6,50,000 Tax rate is 40%. Calculate the gross margin per unit for Jordon Company.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 25E: Last year, Orsen Company produced 25,000 juicers and sold 26,500 juicers for 60 each. The actual...

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