Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Kubin Company's relevant range of production is 13,000 to 18,000 units. When it produces and sells 15,500 units, its average costs per unit are as

image text in transcribed

Kubin Company's relevant range of production is 13,000 to 18,000 units. When it produces and sells 15,500 units, its average costs per unit are as follows: Amount per Unit $7.40 $4.40 $ 1.90 $ 5.40 $3.90 2.90 $ 1.40 $ 0.90 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required: 1. If 13,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 13,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 18,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 13,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 18,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 13,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 18,000 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.) 16.00 $ 1. Variable cost per unit wwwww m 2. Variable cost per unit 16.00 $208,000 3 Total amount of variable cost 4. Total amount of variable cost $288,000 5. Average fixed manufacturing cost per unit 6. Average fied manufacturing cost per unit 7.Total amount of fixed manufacturing overhead 8. Total amount of fixed manufacturing overhead

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions

Question

Compare a delusion with a hallucination.

Answered: 1 week ago