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The relevant range of production for Hallergan Corporation is 13,000 to 18,000 units. When Hallergan Corporation produces and sells 15,500 units, its average costs
The relevant range of production for Hallergan Corporation is 13,000 to 18,000 units. When Hallergan Corporation produces and sells 15,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.40 Direct labor $ 4.40 Variable manufacturing overhead $ 1.90 Fixed manufacturing overhead $ 5.40 Fixed selling expense $ 3.90 Fixed administrative expense $ 2.90 Sales commissions $ 1.40 Variable administrative expense $ 0.90 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 15,500 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 15,500 units? 3. For financial accounting purposes, what is the total amount of product costs incurred to make 18,000 units? 4. For financial accounting purposes, what is the total amount of period costs incurred to sell 13,000 units? (For all requirements, do not round intermediate calculations.) 1. Total amount of product costs 2. Total amount of period costs incurred 3. Total amount of product costs 4. Total amount of period costs
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