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Required information Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 27,000 to 29,000 units.
Required information Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 27,000 to 29,000 units. When it produces and sells 28,000 units, its average costs per unit are as follows: Exercise 1-8 (Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4] Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 28,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 28,000 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 29,000 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 27,000 units? (For all requirements, do not round intermediate calculations.)
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