Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kubin Company's relevant range of production is 12,000 to 16,000 units. When it produces and sells 14.000 units, its average costs per unit are as

image text in transcribed
Kubin Company's relevant range of production is 12,000 to 16,000 units. When it produces and sells 14.000 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 comissions Variable administrative expense Average Cost per Unit $ 7.30 5.4.30 $ 1.50 $ 5.30 $ 3.30 $ 2.80 $ 1.30 $0.00 Required: 1. If 12.000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 12.000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 12000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 16,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7 12,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. 1116,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.) 12.000 Unit 10.000 Units 1&2 Variable cost per unit produced and sold 3.84 Total amount of variable cost related to units produced and sold 586 Average flad manufacturing cost per unit produced 760 Total amount of food manufacturing ovethioad

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

Accountancy Analysis Of Financial Statements Analysis Of Financial Statements

Authors: M. Hanif, A. Mukherjee

1st Edition

1642879762, 9781642879766

More Books

Students also viewed these Accounting questions