Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 required Help Save&Exlit Submit 4 Check my work Exercise 1-7 Direct and Indirect Costs [LO1-1 02 Kubin Company's relevant per unit are as follows

3 required image text in transcribed
image text in transcribed
image text in transcribed
Help Save&Exlit Submit 4 Check my work Exercise 1-7 Direct and Indirect Costs [LO1-1 02 Kubin Company's relevant per unit are as follows range of production is 18.000 to 22,000 units. When t produces and sels 20,000 units, its average cost 7.00 4.00 s 1.50 Pixed manufactoring overhead 3.50 S 2.50 0-50 Required L Assume the cost object is units of production .Wh at is the total direct manufacturing cost incurred to make 20000 uits? b. What is the total indirect manuflacturing cost incurred to make 20,000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 20,000 units a How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufecturing cost is an Indirect cost that cannot be easily traced to the Manufacturing Department? 3 Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $50000 af its ota sed selling expense on advertising and the remainder of the total fixed selling expense comprised the flxed portion af the company's sales representatives' compensation. a When the company sells 20,000 units, what is the total direct selling expense that can be readily traced to individual sales readily traced to indlvidual sales b. When the company sels 20,000 units, what is the total indirect selling expense that cannot be Complete this question by entering your answers in the tabs below Required Required 2 Required 3 1. Assume the cost object is units of production: a What is the total direct manufacturing cost incurred to make 20,000 units? (Round per unit valuns to 2 decimal places) b. What is the total indirect manufacturing cost incurred to make 20,000 nits? (Round per unit values to 2 decimal Dinect labor per un S 0.00 Number of units sokd

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dare To Be Different An Auditors Personal Guide To Excellence

Authors: Daniel Clark

1st Edition

1490772405, 978-1490772400

More Books

Students also viewed these Accounting questions

Question

3. Explain the forces that influence how people handle conflict

Answered: 1 week ago