Question

Grover Company has the following data for the production and sale of 2,600 units.    Sales...

Grover Company has the following data for the production and sale of 2,600 units.
  

Sales price per unit $ 800 per unit
Fixed costs:
Marketing and administrative $ 390,000 per period
Manufacturing overhead $ 325,000 per period
Variable costs:
Marketing and administrative $ 45 per unit
Manufacturing overhead $ 75 per unit
Direct labor $ 115 per unit
Direct materials $ 260 per unit


What is the full cost per unit of making and selling the product?

Multiple Choice

  • $495

  • $620

  • $575

  • $770

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