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Garrett Kelly. Corporation's identified their current production capacity to range from 6,500 units to 22,000 units. when it produced and sold 12,000 units, its average
Garrett Kelly. Corporation's identified their current production capacity to range from 6,500 units to 22,000 units. when it produced and sold 12,000 units, its average costs per unit are as follows:
Average Cost per Unit | |
Direct Materials | 5.75 |
Direct Labor | 4.25 |
Variable manufacturing overhead | 1.75 |
Fixed Manufacturing Overhead | 4.50 |
Fixed Selling Expense | 1.75 |
Fixed Administrative Expense | 0.90 |
Sales Commissions | 0.75 |
Variable Administrative Expense | 1.50 |
1) If 15,000 units are produced, the total amount of Prime Costs incurred is closest to: ______ 2) Determine the Conversion Costs for 11,000 units. 3) Determine the Total Product Costs for 12,000 units. 4) Detemine Total Period Costs when 12,000 units are sold.
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