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Problem 1 (5 possible points- partial credit will be determined based on showing your work): Kubin Company's relevant range of production is 18,000 to 22,000
Problem 1 (5 possible points- partial credit will be determined based on showing your work): Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average cost per unit are as follows: Average Cost Per Unit Direct materials $7.00 Direct labor $4.00 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $5.00 Fixed selling expense $3.50 Fixed administrative expense $2.50 Sales Commission $1.00 Variable administrative expense $0.50 A) If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? B) If 18,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sod? C) If 18,000 units are produced, what are the fixed manufacturing cost per unit produced? D) If 18,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? E) What is the total manufacturing cost (product cost) of producing 18,000 units? Show your work below or on a separate page. You must upload all work - CLEARLY LABELED - to get credit
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