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[The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 21,000 to 25,000 units. When it produces and sells
[The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 21,000 to 25,000 units. When it produces and sells 23,000 units, its average costs per unit are as follows: Required: 1. For financial accounting purposes, what is the total product cost incurred to make 23,000 units? 2. For financial accounting purposes, what is the total period cost incurred to sell 23,000 units? 3. For financial accounting purposes, what is the total product cost incurred to make 25,000 units? 4. For financial accounting purposes, what is the total period cost incurred to sell 21,000 units? Note: For all requirements, do not round intermediate calculations
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