Michael's Machine Shop reports the following information for the quarter. Sales price $40

Fixed costs (for the quarter)
Selling and administrative 47,500
Production 142,500

Variable cost (per unit)
Materials 12
Labor 9
Plant supervision 2
Selling and administrative 3
Number of units (for the quarter) 23,750 units

Required:

Select the answer for each of the following costs.

a. Variable cost per unit.
b. Variable production cost per unit.
c. Full cost per unit.
d. Full absorption cost per unit.
e. Prime cost per unit.
f. Conversion cost per unit.
g. Contribution margin per unit.
h. Gross margin per unit.