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testing inc. had the following amounts for the year: direct materials $8 per unit direct labor...

testing inc. had the following amounts for the year:
direct materials $8 per unit
direct labor $15 per unit
variable overhead $5 per unit
fixed overhead $90,000
variable selling expenses $3 per unit
fixed selling and admin expenses $150,000
75,000 units produxed
65,000 units sold af $45 each

calculate the VARIABLE product cost per unit and prepare a contribution margin income statement under variable costing in order to complete the reat of the information

a) variable product cost per unit =

b) total sales in dollars =

c) contribution margin =

d) net income =

correction***

60,000 units sold at $40 each
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