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A company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are
A company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials$6.80 Direct labor$4.30 Variable manufacturing overhead$1.60 Fixed manufacturing overhead$4.00 Fixed selling expense$3.80 Fixed administrative expense$2.20 Sales commissions$1.20 Variable administrative expense$0.45 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) A company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials$6.80 Direct labor$4.30 Variable manufacturing overhead$1.60 Fixed manufacturing overhead$4.00 Fixed selling expense$3.80 Fixed administrative expense$2.20 Sales commissions$1.20 Variable administrative expense$0.45 5. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? A company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials$6.80 Direct labor$4.30 Variable manufacturing overhead$1.60 Fixed manufacturing overhead$4.00 Fixed selling expense$3.80 Fixed administrative expense$2.20 Sales commissions$1.20 Variable administrative expense$0.45 6. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? A company had no jobs in progress at the beginning of the month and no beginning inventories. The company has two manufacturing departments. It started, completed, and sold only two jobs during the month Job A and Job B. The following additional information is available (all data and questions relate to the current month): Department 1Department 2Total Estimated total machine-hours used 2,5001,5004,000 Estimated total fixed manufacturing overhead$14,000 $17,400 $31,400 Estimated variable manufacturing overhead per machine-hour$3.00 $3.80 Job AJob B Direct materials$29,000 $16,000 Direct labor cost$33,800 $13,900 Actual machine-hours used: Molding 3,3002,400 Fabrication 2,2002,500 Total 5,5004,900 The company had no underapplied or overapplied manufacturing overhead costs during the month. 1. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.)
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