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Myklebust Corporation's relevant range of activity is 4,680 units to 9,360 units. When it produces and sells 7,020 units, its average costs per unit are
Myklebust Corporation's relevant range of activity is 4,680 units to 9,360 units. When it produces and sells 7,020 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 $ 8.10 $ 5.50 $3.30 $ 4.70 $ 2.45 $ 2.30 $ 3.20 $ 2.15 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 7,020 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 7,020 units? c. If the selling price is $25.30 per unit, what is the contribution margin per unit sold? Note: Round "Per unit" answer to 2 decimal places. d. If 8,190 units are produced, what is the total amount of direct manufacturing cost incurred? e. If 8,190 units are produced, what is the total amount of indirect manufacturing cost incurred? f. What incremental manufacturing cost will the company incur if it increases production from 7,020 to 7,021 units? Note: Round "Per unit" answer to 2 decimal places. 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 +
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