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Part 1 of 2 points Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 22,000 to
Part 1 of 2 points Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 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 Required: 1. For financial accounting purposes, what is the total product cost incurred to make 24,500 units? 2. For financial accounting purposes, what is the total period cost incurred to sell 24,500 units? 3. For financial accounting purposes, what is the total product cost incurred to make 27,000 units? 4. For financial accounting purposes, what is the total period cost incurred to sell 22,000 units? Note: For all requirements, do not round intermediate calculations. Answer is complete but not entirely correct. $ $ $ $ 1. Total product cost 2. Total period cost 3. Total product cost 4. Total period cost Average Cost per Unit $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $2.20 $ 1.70 546,350 301,350 602,100 X 270,600 X Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Required: 1. For financial accounting purposes, what is the total product cost incurred to make 24,500 units? 2. For financial accounting purposes, what is the total period cost incurred to sell 24,500 units? 3. For financial accounting purposes, what is the total product cost incurred to make 27,000 units? 4. For financial accounting purposes, what is the total period cost incurred to sell 22,000 units? Note: For all requirements, do not round intermediate calculations
Part 1 of 2 points Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 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 Required: 1. For financial accounting purposes, what is the total product cost incurred to make 24,500 units? 2. For financial accounting purposes, what is the total period cost incurred to sell 24,500 units? 3. For financial accounting purposes, what is the total product cost incurred to make 27,000 units? 4. For financial accounting purposes, what is the total period cost incurred to sell 22,000 units? Note: For all requirements, do not round intermediate calculations. Answer is complete but not entirely correct. $ $ $ $ 1. Total product cost 2. Total period cost 3. Total product cost 4. Total period cost Average Cost per Unit $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $2.20 $ 1.70 546,350 301,350 602,100 X 270,600 X
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