Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

question 8 The following information relates to a company with a relevant range of activity from 2,000 to 8,000 units. They are currently producing and

question 8 image text in transcribed
image text in transcribed
The following information relates to a company with a relevant range of activity from 2,000 to 8,000 units. They are currently producing and welling 4,300 units. The average cost per unit is $6.50 for direct materials: 53.20 for direct labor and $1.30 for variable manufacturing overhead. The average fixed cost per mit is $3.40 for fixed manufacturing overhead: 5.60 for fixed selling expenses and 5.45 for fixed administrative expensen Variable selling expenses are $0,35 per unit and variable administrative expenses are $ 0,35 per unit Required: (For questions a, -d, assume that 5,300 units are produced and sold.) a: Calculate the variable cost per unit sold. (Kod Peraltawer to decimal plan.) b. Calculate the total amount of variable cost for the units sold. c. Calculate the average fixed manufacturing cost per unit produced (Round "Penswer to 1 decimal places d. Calculate the total amount of fixed manufacturing costs. . Calculate the incremental manufacturing cost the company will incur if production increases from 4.300 to 4,301 units. (Round "Persentwur t 2 a Variable cost per unit sold for 5,300 units b. Total variable costs for 5,300 units Average foxed manufacturing cost for 5,300 units Totalfixed manufacturing overhead cost Required: (For questions 1.-d. assume that 5,300 units are produced and sold.) 1. Calculate the variable cost per unit sold. (Round "Per unit answer to 1 decimal places) b. Calculate the total amount of variable cost for the units sold c. Calculate the average fixed manufacturing cost per unit produced. (Round "Per unit" answer to 2 decimal places) d. Calculate the total amount of fixed manufacturing costs. e. Calculate the incremental manufacturing cost the company will incur if production increases from 4.300 to 4,301 units. (Round "Per mit Answer to 2 decimal places) a Variable cost per unit sold for 5,300 units b. Total variable costs for 5,300 units Average fixed manufacturing cost for c 15,300 units d Total fixed manufacturing overhead cost for 5,300 units e incromental manufacturing cost

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

Accounting Audits In The Democratic Republic Of Congo

Authors: Charles Kyungu Kakudji

1st Edition

6206327043, 978-6206327042

More Books

Students also viewed these Accounting questions