Grover Company has the following data for the production and sale of 2,300 units. ...
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Accounting
Grover Company has the following data for the production and sale of 2,300 units.
| Sales price per unit | $ | 950 | per unit |
| Fixed costs: | |||
| Marketing and administrative | $ | 430,000 | per period |
| Manufacturing overhead | $ | 253,000 | per period |
| Variable costs: | |||
| Marketing and administrative | $ | 65 | per unit |
| Manufacturing overhead | $ | 95 | per unit |
| Direct labor | $ | 115 | per unit |
| Direct Materials | $ | 230 | per unit |
What is the prime cost per unit?
a) $345
b) $325
c) $550
d) $115
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