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Myklebust Corporation's relevant range of activity is 4,280 units to 8,560 units. When it produces and sells 6,420 units, its average costs per unit are
Myklebust Corporation's relevant range of activity is 4,280 units to 8,560 units. When it produces and sells 6,420 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 commissions Variable administrative expense Average Cost per Unit $ 7.10 $ 4.50 $ 2.30 $ 3.70 $ 1.45 $ 1.30 $ 2.20 $ 1.15 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 6,420 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 6,420 units? c. If the selling price is $22.30 per unit, what is the contribution margin per unit sold? Note: Round "Per unit" answer to 2 decimal places. d. If 7,490 units are produced, what is the total amount of direct manufacturing cost incurred? e. If 7,490 units are produced, what is the total amount of indirect manufacturing cost incurred? a. Total product cost b. Total period cost c. Contribution margin per unit d. Total direct manufacturing cost e. Total indirect manufacturing cost f. Incremental manufacturing cost f. What incremental manufacturing cost will the company incur if it increases production from 6,420 to 6,421 units? Note: Round "Per unit" answer to 2 decimal places.
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