Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kubin Company's relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 units, its average costs unit are as follows

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Kubin Company's relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 units, its average costs unit are as follows Cost per Variable manufacturing overhead Pixed manafacturing overhead Pixed selling expense rixed administrative expense Sales comminsions Variable adminiatrative expense 7.10 5 4.10 s 1.60 s 5.10 s 3.60 s2.60 s 1.10 0.60 1. Assume the cost object is units of productio a. What is the total direct manufacturing cost incurred to make 11,000 units? b. What is the total indirect manufacturing cost incurred to make 11,000 units? a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $28,600 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives compensation. a. When the company sells 11,000 units, what is the total direct selling expense that can be readily traced to individual sales repr b. When the company sells 11,000 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Interactive Learning Approach

Authors: Steven M Glover, Douglas F Prawitt

4th Edition

0132423502, 978-0132423502

More Books

Students also viewed these Accounting questions

Question

What memories did people have of the bombing afterward?

Answered: 1 week ago