Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kubin Company's relevant range of production is 16,000 to 24,500 units. When it produces and sells 20,250 units, Its average costs per unit are



Kubin Company's relevant range of production is 16,000 to 24,500 units. When it produces and sells 20,250 units, Its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.70 Direct labor $ 4.70 Variable manufacturing overhead $ 2.20 Fixed manufacturing overhead $ 5.70 Fixed selling expense $ 4.20 Fixed administrative expense Sales commissions $ 3.20 $ 1.70 Variable administrative expense $ 1.20 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 20,250 units? b. What is the total indirect manufacturing cost incurred to make 20,250 units? Note: For all the requirements, round per unit values to 2 decimal places. 1a. Direct material cost per unit 1a. Direct labor cost per unit 1a. Direct manufacturing cost per unit 1a. Number of units produced and sold 1a. Total direct manufacturing cost 1b. Variable manufacturing overhead per unit 1b. Fixed manufacturing overhead per unit 1b. Indirect manufacturing cost per unit 1b. Number of units produced and sold 1b. Total indirect manufacturing cost

Step by Step Solution

3.32 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

1a Direct material cost per unit Direct material cost per unit Total direct material cost Number of units produced and sold Given that total direct ma... 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

Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

23rd Edition

978-0324662962

More Books

Students also viewed these Accounting questions

Question

-4 1 9. Let A = Find A-1, (A") and verify that (A")= (A-1)".

Answered: 1 week ago