Solutions:
1a. | Direct materials per unit | $7.00 |
Direct labor per unit | $4.00 | |
Total Direct manufacturing cost per unit | $11.00 | |
Number of units sold | 20000 | |
Total Direct manufacturing cost | $2,20,000 | |
1b. | Variable manufacturing overhead per unit | $1.50 |
Fixed manufacturing overhead per unit | $5.00 | |
Total Indirect manufacturing cost per unit | $6.50 | |
Number of units sold | 20000 | |
Total indirect manufacturing cost | $1,30,000 |
2a. | Direct materials per unit | $7.00 |
Direct labor per unit | $4.00 | |
Variable manufacturing overhead per unit | $1.50 | |
Fixed manufacturing overhead per unit | $5.00 | |
Total Manufacturing cost per unit | $17.50 | |
Number of units sold | 20000 | |
Total direct costs | $3,50,000 | |
2b. | Total Indirect Costs | $0.00 |
3a. | Sales commissions per unit | $1.00 |
Number of units sold | 20000.00 | |
Total sales commission | $20,000 | |
Fixed
portion of sales representatives’ compensation [($3.50*20000) - $50000] |
$20,000 | |
Total Direct selling expense | $40,000 | |
3b. | Total Indirect selling expense (advertising expense) | 50000 |
plzzz help now Exercise 1-7 Direct and Indirect Costs [LO1-1] Kubin Company's relevant range of production...
plzzz help now Exercise 1-7 Direct and Indirect Costs [LO1-1) Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Average Cost per Unit $7.00 $4.00 $1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $5.00 $3.50 $2.50 $1.00 $0.50 Required: 1. Assume the cost object is units of production: a....
Exercise 1-7 Direct and Indirect Costs [LO1-1] Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed achinistrative expense Sales connessions Variable administrative expense Average Cost per | hot $ 8.00 $ 5.00 $ 2.50 $ 6.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. Assume the cost...
Exercise 1-7 Direct and Indirect Costs (LO1-1) Kubin Company's relevant range of production is 13,000 to 18,000 units. When it produces and sells 15,500 units, its average costs per unit are as follows: points eBook Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 7.40 $ 4.40 $ 1.90 $ 5.40 $ 3.90 $ 2.90 $ 1.40 $ 0.90 Print References Required: 1....
Exercise 1-7 Direct and Indirect Costs [LO1-1) Kubin Company's relevant range of production is 17,000 to 26,500 units. When it produces and sells 21750 units, its average costs per unit are as follows: Average cost per Unit $ 7.80 $ 4.80 Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Fixed selling expense Pixed administrative expense Sales comissions Variable administrative expens Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost...
Exercise 1-7 Direct and Indirect Costs (L01-1) Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.00 $ 5.00 $ 2.50 $6.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. Assume the cost object is...
Exercise 1-7 Direct and Indirect Costs [LO1-1] Kubin Company’s relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 units, its average costs per unit are as follows: Return to question 1 Exercise 1-7 Direct and Indirect Costs [LO1-1] Kubin Company's relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 units, its average costs per 2.5 unit are as follows: points Average Cost per Unit $ 7.10 $ 4.10...
how to solve 3b? Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $0.50 Required: 1. Assume the cost object is units of production:...
please solve the question Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Average Cos per Unit $ 7.80 $ 4.00 $ 1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense sales commissions Variable administrative expense $ 5.0e $ 3.50 $ 2.50 $ 1.00 $ e.50 Required 1. Assume the cost object is units of...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 9.00 $ 6.00 $ 3.50 $ 7.00 $ 5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required: 1. Assume the cost object is units of production: a. What is...