Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pls answer all. will like! Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 14,000 to

pls answer all. will like!
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 14,000 to 20,500 units. When it produces and sells 17,250 units, its average costs per unit are as follows: Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 17,250 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $51,750 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 17,250 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 17,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? Note: For all the requirements, round per unit values to 2 decimal places. 2. Assume the cost object is the Manufacturing Department and that its total output is 17,250 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? (Round per unit values to decimal places.) b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $51,750 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 17,250 units, what is the total direct selling expense that can be readily traced to individual sales representatives? (Round per unit value to 2 decimal places.) b. When the company sells 17,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives

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

Investment Theory And Risk Management

Authors: Steven Peterson

1st Edition

9781118129593

More Books

Students also viewed these Accounting questions

Question

=+b. Who generally has control over the direct labor cost?

Answered: 1 week ago

Question

2. What is the meaning and definition of Banking?

Answered: 1 week ago

Question

3.What are the Importance / Role of Bank in Business?

Answered: 1 week ago