Kubin Company's relevant range of production is 17,000 to 26.500 units. When it produces and sells 21,750 units, its average costs per unit are as follows: Average Cost per Unit $7.80 $4.80 $2.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $5.80 $4.30 $3.30 $1.80 $1.30 Required: 1. For financial accounting purposes, what is the total amount of fixed manufacturing overhead costs incurred to make 21,750 units? 2. For financial accounting purposes, what is the total amount of fixed selling and administrative costs incurred to sell 21,750 units? 3. For financial accounting purposes, what is the total amount of fixed manufacturing overhead costs incurred to make 26,500 units? 4. For financial accounting purposes, what is the total amount of fixed selling and administrative costs incurred to sell (For all requirements, do not round intermediate calculations.) 17,000 units? Answer is complete but not entirely correct. 1. 2. Fixed Manufacturing Overhead make 21,750 units Fixed Selling and Administrative Costs to sell 21,750 units Fixed Manufacturing Overhead to make 26,500 units Fixed Selling and Administrative Costs to sell 17.000 units $ 126,150 $ 165,300 $ 153,700 $ 3. 4. 129.2008 5. For financial accounting purposes, what is the total amount of product costs incurred to make 21,750 units? 6. For financial accounting purposes, what is the total amount of period costs incurred to sell 21.750 units? 7. For financial accounting purposes, what is the total amount of product costs incurred to make 26,500 units? 8. For financial accounting purposes, what is the total amount of period costs incurred to sell 17,000 units? (For all requirements, do not round intermediate calculations.) 5. Total amount of product costs Total amount of period costs 6. incurred 7. Total amount of product costs 8. Total amount of period costs Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 units, its average costs per unit are as follows: Amount per Unit $8.30 $5.30 $2.80 $6.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $4.80 $3.80 $2.30 $1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 27,500 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 23,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 27,500 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 23,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 27,500 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 23.000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 27,500 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.) 1. Variable cost per unit 2. Variable cost per unit 3. Total amount of variable cost 4. Total amount of variable cost 5. Average fixed manufacturing cost per unit Average fixed manufacturing cost per unit 7. Total amount of fixed manufacturing overhead 8. Total amount of fixed manufacturing overhead 6
