Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Thunderduck Shoes relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as
Thunderduck Shoes relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follow: Account Direct materials Direct labor Sales commissions Amount Per Unit $6.00 $3.50 Variable manufacturing overhead $1.50 $1.00 Variable administrative $0.50 Total Amount Fixed manufacturing overhead $40,000 Fixed selling expense $30,000 Fixed administrative expense $20,000 1. What is the total amount of product cost to make 8,000 units? Per unit? 2. What is the total amount of period cost to make 8,000 units? 3. If 12,500 units are sold, what is the variable cost per unit sold? 4. If 12,500 units are produced, what is the total amount of fixed manufacturing overhead cost incurred to support this level of production? 5. If 7,500 units are produced, what is the total amount of manufacturing overhead costs incurred to support this level of production? 6. If the selling price is $22 per unit, what is the contribution margin per unit sold? 7. If the selling price is $22 per unit and 8,000 units were sold, what is the gross margin per unit sold? 8. If 9,000 units are produced, what is the prime and conversion cost? 19ma or etinu 002. ei noisonboiq lo sgnen Imavolo 2002 Abubre 21205 jinu ati,alinu 000,01 allsa bms 200ubong i nodW .aim wollo
Step by Step Solution
★★★★★
3.36 Rating (162 Votes )
There are 3 Steps involved in it
Step: 1
To answer your questions we need to calculate the total cost for each unit produced and sold as well ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started