Question
The below data is for a manufacturing company that makes a single product. The costs are separated based on cost behavior. Cost per Unit Cost
The below data is for a manufacturing company that makes a single product. The costs are separated based on cost behavior. Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $ 3.65 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 113,400 Sales commissions $ 1.50 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 36,450
1.) What is the total amount of product costs incurred to make 9,000 units?
2.) What is the total amount of period costs incurred to sell 9,000 units?
3.) Assume 10,000 units are sold, what is the variable cost per unit sold?
4.) Assume 10,000 units are sold, what is the total amount of variable costs related to the units sold?
5.) Assume 10,000 units are produced, what is the total amount of manufacturing overhead cost incurred?
6.) If the selling price is $21.60 per unit, what is the contribution margin per unit sold?
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