Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range...

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Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $ 1.70 Exercise 1-7 (Algo) Direct and Indirect Costs [LO1-1] Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 24,500 units? b. What is the total indirect manufacturing cost incurred to make 24,500 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 24,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing 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 $90,650 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 24,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 24,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 24,500 units? b. What is the total indirect manufacturing cost incurred to make 24,500 units? Note: For all the requirements, round per unit values to 2 decimal places. 1a. Direct material cost per unit 1a. Direct labor cost per unit 1a. Direct manufacturing cost per unit $ 0.00 1a. Number of units produced and sold 1a. Total direct manufacturing cost $ 0 1b. Variable manufacturing overhead per unit 1b. Fixed manufacturing overhead per unit 1b. Indirect manufacturing cost per unit $ 0.00 1b. Number of units produced and sold 1b. Total indirect manufacturing cost $ 0 Show less Required 1 Required 2 Required 3 2. Assume the cost object is the Manufacturing Department and that its total output is 24,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? (Round per unit values to 2 decimal places.) b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 2a. Direct material cost per unit 2a. Direct labor cost per unit 2a. Variable manufacturing overhead per unit 2a. Fixed manufacturing overhead per unit 2a. Total manufacturing cost per unit 2a. Number of units produced and sold 2a. Total direct costs 2b. Total indirect costs < Required 1 Required 3 > Show less Required 1 Required 2 Required 3 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $90,650 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 24,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? (Round per unit value to 2 decimal places.) b. When the company sells 24,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? 3a. Sales commissions per unit 3a. Number of units sold 3a. Total sales commission 3a. Fixed portion of sales representatives' compensation 3a. Total direct selling expense 3b. The total indirect selling expense < Required 2 Required 3 > Show less Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $ 1.70 Exercise 1-7 (Algo) Direct and Indirect Costs [LO1-1] Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 24,500 units? b. What is the total indirect manufacturing cost incurred to make 24,500 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 24,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing 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 $90,650 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 24,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 24,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 24,500 units? b. What is the total indirect manufacturing cost incurred to make 24,500 units? Note: For all the requirements, round per unit values to 2 decimal places. 1a. Direct material cost per unit 1a. Direct labor cost per unit 1a. Direct manufacturing cost per unit $ 0.00 1a. Number of units produced and sold 1a. Total direct manufacturing cost $ 0 1b. Variable manufacturing overhead per unit 1b. Fixed manufacturing overhead per unit 1b. Indirect manufacturing cost per unit $ 0.00 1b. Number of units produced and sold 1b. Total indirect manufacturing cost $ 0 Show less Required 1 Required 2 Required 3 2. Assume the cost object is the Manufacturing Department and that its total output is 24,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? (Round per unit values to 2 decimal places.) b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 2a. Direct material cost per unit 2a. Direct labor cost per unit 2a. Variable manufacturing overhead per unit 2a. Fixed manufacturing overhead per unit 2a. Total manufacturing cost per unit 2a. Number of units produced and sold 2a. Total direct costs 2b. Total indirect costs < Required 1 Required 3 > Show less Required 1 Required 2 Required 3 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $90,650 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 24,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? (Round per unit value to 2 decimal places.) b. When the company sells 24,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? 3a. Sales commissions per unit 3a. Number of units sold 3a. Total sales commission 3a. Fixed portion of sales representatives' compensation 3a. Total direct selling expense 3b. The total indirect selling expense < Required 2 Required 3 > Show less

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To solve these problems we will follow each of the required steps by calculating the relevant costs based on the provided information Required 1 a What is the total direct manufacturing cost incurred ... View the full answer