Intercontinental, inc., provides you with the following data for its single product:
sales price per unit $ 51.00
fixed costs (per month):
selling, general, and administrative (sg& a) 900,000
manufacturing overhead 2,700,000
variable costs (per unit):
direct labor 6.00
direct materials 11.00
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.)
note: need to do each for 300,000 units and 400,000 units.
a. prime cost per unit
b. contribution margin per unit.
c. gross margin per unit.
d. conversion cost per unit.
e. variable cost per unit.
f. full absorption cost per unit.
g. variable production cost per unit
h. full cost per unit.

what

explanation:

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; to open a new transaction, the user should type the code/0 along with a new transaction code, when done with that the user should press enter to open the transaction; good luck;

answer casual models;