Components of Full Costs

Gibson Corporation has compiled the following information from the accounting system for the one product it sells:

Sales price

$300 per unit

Fixed costs (for the month)

 

Marketing and administrative

$36,000

Manufacturing overhead

$54,000

Variable costs (per unit)

 

Marketing and administrative

$6

Direct materials

$90

Manufacturing overhead.

$20

Direct labor

$55

Units produced and sold (for the month)

1,800

Required

Compute:

a. Product costs per unit.

b. Period costs for the period.