Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please as soon as possible Learned Corporation has provided the following information: Cost per Unit Cost per Period $ 5.10 $ 4.30 $ 1.90 Direct

image text in transcribed

please as soon as possible

Learned Corporation has provided the following information: Cost per Unit Cost per Period $ 5.10 $ 4.30 $ 1.90 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 36,000 $ 0.80 $ 0.70 11 $ 12,600 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,000 units? c. If 10,000 units are produced, what is the total amount of direct manufacturing cost incurred? d. If 10,000 units are produced, what is the total amount of indirect manufacturing costs incurred? a. b. Total product cost Total period cost Total direct manufacturing cost Total indirect manufacturing cost C. d

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

The Wall Street Mba Your Personal Crash Course In Corporate Finance

Authors: Reuben Advani

3rd Edition

1260135594, 9781260135596

More Books

Students also viewed these Accounting questions