Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Kubin Company's relevant range of production is 22,000 to 27000 units. When it produces and sells 24,500 units, its average costs per unit are as

image text in transcribed
Kubin Company's relevant range of production is 22,000 to 27000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Amount per Unit Direct materials $8.20 Direct labor $5.20 Variable manufacturing overhead $ 2.70 Fixed manufacturing overhead $6.20 Fixed selling expense $ 4.70 Fixed administrative expense $ 3.70 Sales commissions $ 2.20 Variable administrative expense $ 1.70 Required: 1.1f 22,000 units are produced and sold, what is the variable cost per unit produced and sold? 2.11 27,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 22,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 27,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5.11 22,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 27,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. i 22,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 27,000 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.) 22.000 Units 27,000 Unte 1.82. Variable cont per unit produced and sold Total amount of variable cost related to units produced and sold 5.& 6. Average fixed manufacturing cost per unit produced 7.& 8 Total amount of foxed 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

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

9th Canadian Edition, Volume 2

978-0470161012

Students also viewed these Accounting questions

Question

Broadway shows, part

Answered: 1 week ago