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Please Answer part 3 and 4 on relvant range. Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells
Please Answer part 3 and 4 on relvant range.
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as folloWS. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expens Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 7.20 $ 4.20 $ 1.70 $5.20 $ 3.70 $ 2.70 $ 1.20 $0.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 12,500 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 12,500 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 14,000 unitsStep by Step Solution
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