Princeton Fabrication, Inc., produced and sold 1.200 units of the company's only product in March, You have collected the following information from the accounting records:Sales price (per unit).Manufacturing costs:896Fixed overhead (for the month)100,800Direct labor (per unit).70 -Direct materials (per unit)224Variable overhead (per unit)140Marketing and administrative costs: Fixed costs (for the month)Variable costs (per unit).134,40028-こんんb.RequiredCl.Compute:Variable manufacturing cost per unit.Full cost per unit.Variable cost per unit.Full absorption cost per unit.5 Prime cost per unit.6 .Conversion cost per unit.7 .Profit margin per unit.8. Contribution margin per unit.9 .Gross margin per unit. B).if the number of units decreases from 1,200 to 800, which is within the relevant range, will the fixed manufacturing cost per unit increase, decrease, or remain the same? Explain.

Cost volume profit analysis includes different methods to examine the required production or sales…

Answered: Princeton Fabrication, Inc., produced…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Princeton Fabrication, Inc., produced and sold 1.200 units of the company's only product in March, You have collected the following information from the accounting records:

Sales price (per unit). Manufacturing costs:	896
Fixed overhead (for the month)	100,800
Direct labor (per unit).	70 -
Direct materials (per unit)	224
Variable overhead (per unit)	140
Marketing and administrative costs:
Fixed costs (for the month) Variable costs (per unit).	134,400 28-

こんん

Required

Cl.

Compute:

Variable manufacturing cost per unit.
Full cost per unit.
Variable cost per unit.
Full absorption cost per unit.

5 Prime cost per unit.

6 .Conversion cost per unit.

7 .Profit margin per unit.

8. Contribution margin per unit.

9 .Gross margin per unit.

B).if the number of units decreases from 1,200 to 800, which is within the relevant range, will the fixed manufacturing cost per unit increase, decrease, or remain the same? Explain.

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