Problem 122 Cost Terminology: Contribution Format Income Statement [LO1-2, 1014, LO1 61 Miler Carmpany's tot" sales are $144000 The' company, direct labor cost is $12280, which represents 30% of its total converion cost and 40% of its total prene cost its total seling and admintrative e'peme is S2 tsoo and its only variabie seling and sdministrative eapense is a sales commssion of 5% of sles The company maintains no beginning or ending inventories and Its manufactaring overhead coits are entirely fiwed costs Required t What is the total manufacturing overhend cost 2, what is the total diet materials cost? 1 What is the toal mnufecturing costt What is the total variable sefing and adistratie cost? E What is the total sed co What is the total contibution margin Exercise 1-1 Identifying Direct and Indirect Costs [L01-1 Northwest Hospital is a hu-service hospital that pravides everything from major surgery and emergency room care to outpatient clinics Far ejach of the tolowing costs incurred at Northwest Hespital, indicate whether it ould most e be a direct cost or an indrect cost of the specifed cost object Check my work 3 bin Companys eevant range of production is 21000 to 25000 units When it produces and sells 23000 units, its sverage costh per unit are as folows BEEE s.10 1 5-16 direct shtr ovechesd 4.6 1.44 10 Required: wlat s he intremerital manuleactuing ct uredthe cmpny t hewases poduetion tom 23,000 to 23001 urits 2 What s the incremental cost incurre i the company increases production and sales from 23000 to 23.001 units 3 Assume that Kupin Company produced 23,000 units and oxpects to sell 22.690 of them if a new customer nmpectedy emerges and evpresses intogest in buying the 310 estra unts that heve been produced by the company and thet wouet otherwse units to ther custome 4 Rosume that kbin Compony produced 23.000 units and expects to sel 22 690 of them If a new customer unexpectedly emerges remain unsoid, what is the incremental manufacturing cost per sunit incurred to sell these and espresses interest in buying the 310 eetra units that have been produced by the company and that would otherwise remin unso old, what incrimentai selling and administrative cost per unit is incurred to sell hese units to the customer Complets this quetion by entering your answers in the tabs below