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Direct materials Direct labor Variable manufacturing overhead Average Cost per Unit $ 9.00 $ 6.00 $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling
Direct materials Direct labor Variable manufacturing overhead Average Cost per Unit $ 9.00 $ 6.00 $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50 Exercise 1-8 (Algo) Product Costs and Period Costs; Variable and Fixed Cos Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 32 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 32,50 3. For financial accounting purposes, what is the total amount of product costs incurred to make 35 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 30,000 (For all requirements, do not round intermediate calculations.)
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