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Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces
Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Required: 1. For financial accounting purposes, what is the totat product cost incurred to make 24,500 units? 2. For financial accounting purposes, what is the total penod cost incurred to sell 24,500 units? 3. For financial accounting purposes, what is the total product cost incurred to make 27,000 units? 4. For financial accounting purposes, what is the total period cost incurred to sell 22,000 unats? Note: For all requirements, do not round intermediate calculations. Required information [The following information opples to the questions displayed below] Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per una are as follows: Requlred: 1. If 22.000 units ace produced and sold, what is the variable cost per unit produced and sold? 2. it 27,000 units are produced and sold, what is the variable cost per unt produced and sold? 3. If 22,000 units are produced and sold, what is the total variable cost related to the units produced and soid? 4.1827,000 units are produced and sold, what is the totai variable cast related to the units produced and sold? 5. If 22,000 units are preduced, what is the average fired manutacturing cost per unh produced? 6. If 27,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 22.000 units are produced, what is the fotal fixed manufacturing overhead incurred to support this level of production? 8. If 27,000 units are produced, what is the total fixed manufacturing overhead incured to support this level of production? Note: Round per unit values to 2 decimal places. Classify each cost as being either varlable or fixed with respect to the number of units produced and soid. Also classify each cost as either a period or a product cost
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