! Required information Cost Classifications (Algo) [The following information applies to the questions displayed below.) Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 7.20 $ 4.20 $ 1.70 $ 5.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70 Exercise 1-9 (Algo) Fixed, Variable, and Mixed Costs [LO1-4) Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 14,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 11,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 14,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 11,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 14,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 11,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 14,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.) Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 4.20 $ 1.70 $ 5.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70 Exercise 1-9 (Algo) Fixed, Variable, and Mixed Costs [LO1-4] Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 14,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 11,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 14,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 11,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 14,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 11,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 14,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.) 11,000 Units 14,000 Units 1. & 2. Variable cost per unit produced and sold 3. & 4. Total amount of variable cost related to units produced and sold 5. & 6. Average fixed manufacturing cost per unit produced 7. & 8. Total amount of fixed manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 5.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70 Exercise 1-10 (Algo) Differential Costs and Sunk Costs [LO1-5) Required: 1. What is the incremental manufacturing cost incurred if the company increases production from 12,500 to 12,501 units? 2. What is the incremental cost incurred if the company increases production and sales from 12,500 to 12,501 units? 3. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer? 4. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What is the incremental manufacturing cost incurred if the company increases production from 12,500 to 12,501 units? (Round your answer to 2 decimal places.) Total incremental manufacturing cost Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 5.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70 Exercise 1-10 (Algo) Differential Costs and Sunk Costs [LO1-5) Required: 1. What is the incremental manufacturing cost incurred if the company increases production from 12,500 to 12,501 units? 2. What is the incremental cost incurred if the company increases production and sales from 12,500 to 12,501 units? 3. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer? 4. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer? Incremental manufacturing cost Required 2 Required 4 Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 5.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70 Exercise 1-10 (Algo) Differential Costs and Sunk Costs [LO1-5) Required: 1. What is the incremental manufacturing cost incurred if the company increases production from 12,500 to 12,501 units? 2. What is the incremental cost incurred if the company increases production and sales from 12,500 to 12,501 units? 3. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what is the incremental manufacturing cost per unit incurred to sell these units to the customer? 4. Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume that Kubin Company produced 12,500 units and expects to sell 12,280 of them. If a new customer unexpectedly emerges and expresses interest in buying the 220 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer? (Round your answer to 2 decimal places.) Show less Total incremental selling and administrative cost per unit
