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Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 17,000 to 26,500 units. When it
Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 17,000 to 26,500 units. When it produces and sells 21,750 units, its average costs per unit are as follows: Exercise 1-8 (Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4] Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,750 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 21,750 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 26,500 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 17,000 units? (For all requirements, do not round intermediate calculations.)
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