Exercise 1-8 Product Costs and Period Costs: Variable and Fixed Costs [LO1-3, LO1-4) Kubin Company's relevant range of production is 24,000 to 31,000 units. When it produces and sells 27.500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed ministrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.40 5 5.40 5 2.90 $6.40 $14.00 $ 3.90 $ 2.40 $ 1.50 Required: 1 For financial accounting purposes, who is the total amount of product costs incurred to make 27.500 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 22500 units 3. For financial accounting purposes, what is the total amount of product costs incurred to make 1000 units? 4. For financial accounting purposes. What the total amount of period costs incurred to sell 24.000 unt? (For all requirements, do not round Intermediate calculations) Totalt product costs monopolio incurred Total Socco