Exercise 1-8 Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4) Kubin Company's relevant range of production is 25,000 to 33,500 units. When it produces and sells 29,250 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 $ 8.50 $ 5.50 $ 3.00 $ 6.50 $ 5.00 $ 4.00 $ 2.50 $ 2.00 Required: For nancial accounting purposes, is the total amount of product costs incurred 29,250 ts? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 29,250 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 33,500 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 25,000 units? (For all requirements, do not round intermediate calculations.) 1. Total amount of product costs 2. Total amount of period costs incurred 3. Total amount of product costs 4. Total amount of period costs