Arche Produces a Product with the Following Per Unit Costs $\begin{array}{lr}\text { Direct materials } & \$ 17 \\\text { Direct labour } & 11 \\\text { Overhead } & 12\end{array}$

question 80

Essay

Arche produces a product with the following per unit costs. $\begin{array}{lr}\text { Direct materials } & \$ 17 \\\text { Direct labour } & 11 \\\text { Overhead } & 12\end{array}$ Last year,Arche produced and sold 3,000 units at a sales price of $80 each.Total selling and administrative expenses were $25,000.
Required: Solve for the following: A. $\quad$ total cost of goods sold for last year
B. $\quad$ operating income for last year
C. $\quad$ total gross margin for last year
D. $\quad$ prime cost per unit

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Definitions:

Sensory Synapses

The connection points between sensory neurons and their target cells, where the transmission of sensory information takes place.

Transmitter-activated Receptors

Receptors on the surface of neurons that respond to neurotransmitters, triggering a response in the target cell.

Chemical Transmitters

Molecules released by neurons to transmit signals across synapses to other neurons, muscles, or glands.