Required information Cost Classifications (Algo) [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 units, its average costs per unit are as follows: Average Cost per Unit $ 8.30 Direct materials Direct labor $ 5.30 Variable manufacturing overhead $ 2.80 Fixed manufacturing overhead $ 6.30 Fixed selling expense $ 4.80 Fixed administrative expense Sales commissions $ 3.80 $ 2.30 nces Variable administrative expense $ 1.80 Exercise 1-8 (Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4] per are as follows: Average Cost per Unit $ 8.30 Direct materials Direct labor $ 5.30 Variable manufacturing overhead $ 2.80 Fixed manufacturing overhead $ 6.30 Fixed selling expense $ 4.80 Fixed administrative expense Sales commissions $ 3.80 $ 2.30 Variable administrative expense $ 1.80 5 Exercise 1-8 (Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LC Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 25,250 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 25,250 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 27,500 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 23,000 units? (For all requirements, do not round intermediate calculations.) 1. Total amount of product cost 2. Total amount of period cost incurred 3. Total amount of product cost 4. Total amount of period cost