Intercontinental, Inc., provides you with the following data for its single product: Sales...
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Accounting
Intercontinental, Inc., provides you with the following data for its single product:
Sales price per unit $ 52.00
Fixed costs (per month):
Selling, general, and administrative (SG&A) 1,800,000
Manufacturing overhead 2,700,000
Variable costs (per unit):
Direct labor 6.00
Direct materials 13.00
Manufacturing overhead 10.00
SG&A 5.00
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.)
What would be the:
conversion cost per unit
and
full absorption cost per unit?
Answer & Explanation
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