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Tangshang Industries production budget from the 2nd quarter of 2018, projected the following amounts of units...

Tangshang Industries production budget from the 2nd quarter of 2018, projected the following amounts of units to be produced:

April 1,000 units

May    1,200 units

June    1,250 units

Each unit requires 2 parts of component A and 3 parts of component B. Component A cost is $1.25 per unit and component B cost is $.80 per unit.

Each unit requires the following labor:

2 hours in the processing department

1 hour in the assembly department

Processing department labor rate is $4/hour

Assembly department labor rate is $6/hour

Variable Factory overhead is $.60 per unit

Fixed Factory overhead is $1,000 monthly

Using the information from the production budget of Tangshang Industries

A. Calculate total product cost per unit for the quarter April - June 2018

B. If the sale price is $32.50, what will be the Gross Profit per unit?

C. If the sale price is $32.50 for the units produced during the quarter, what will be the Total Gross Profit?

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