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Determine variable costs per unit

Question:

Some selected cost data for a batch of 2000 units of Product C are given below

Direct materials + Direct labour	$125,000
Factory Overheads (all indirect, 40% variable)	$37,500
Administration Expenses (20% variable)	$60,000
Selling & Distribution ($20,000 Variable)	$60,000

Determine the following:

(a) prime cost per unit

(b) Total fixed costs

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Accounting Basics: Determine variable costs per unit

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Accounting Basics: Determine variable costs per unit

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