Top disc manufactures frisbees. the following information, Ask an Expert

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Top Disc manufactures frisbees. The following information is available for 2013 , the company's first year in business when it produced 325,000 units. Revenue of $450,000 was generated by the sale of 180,000 frisbees.

Variable Cost Fixed Cost
Production
direct material $150,000
direct labor 100,000
overhead 75,000 $112,500
Selling & Admin. 90,000 100,000

a. What is the variable production cost per unit?

b. What is the total contribution margin per unit?

c. Prepare a variable costing income statement.

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