1. If 18,000 units are produced and sold, variable cost per unit sold:
Direct Materials | $7.00 |
Direct Labor | $4.00 |
Variable Manufacturing Overhead | $1.50 |
Sales Commission | $1.00 |
Variable Administrative Expense | $0.50 |
Variable Cost Per Unit Sold | $14.00 |
2. If 22,000 units are produced and sold, variable cost per unit sold:
Direct Materials | $7.00 |
Direct Labor | $4.00 |
Variable Manufacturing Overhead | $1.50 |
Sales Commission | $1.00 |
Variable Administrative Expense | $0.50 |
Variable Cost Per Unit Sold | $14.00 |
3. If 18,000 units are produced and sold, total amount of variable cost:
Direct Materials | $7.00 |
Direct Labor | $4.00 |
Variable Manufacturing Overhead | $1.50 |
Sales Commission | $1.00 |
Variable Administrative Expense | $0.50 |
Variable Cost Per Unit Sold | $14.00 |
Number of Units Sold | 18,000 |
Total Variable Cost ($14 * 18,000) | $252,000 |
4. If 22,000 units are produced and sold, total amount of variable cost:
Direct Materials | $7.00 |
Direct Labor | $4.00 |
Variable Manufacturing Overhead | $1.50 |
Sales Commission | $1.00 |
Variable Administrative Expense | $0.50 |
Variable Cost Per Unit Sold | $14.00 |
Number of Units Sold | 22,000 |
Total Variable Cost ($14 * 22,000) | $308,000 |
Note: As per HOMEWORKLIB POLICY, in case of multiple sub-questions, only the first four need to be answered.
how to solve? Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense...
how to solve 5678? Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
Direct material = $7 Direct Labor = $4 Variable Manufacturing Overhead = $2 Fixed Manufacturing Overhead = $3 Fixed Selling Expense = $3 Fixed Admin Expense = $2 Sales commission = $1 Variable Admin Expense $.50 (Costs are when 10,000 units are produced and sold) Relevant range is 7,500-12,500 units 1) If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 2) If 12,500 units are produced, what is the average fixed manufacturing cost per...
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: Amount per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.50 Required:1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 22,000 units are produced and sold, what is the variable cost per unit produced and sold?3. If 18,000 units are produced...
Return to question Part 11 of 15 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 $5.00 $2.50 $1.40 $4.00 $2.00 $2.20 $1.20 $0.45 0.5 points 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer...
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 Direct materials ..... Direct labor... Variable manufacturing overhead .. Fixed manufacturing overhead........ Fixed selling expense............... Fixed administrative expense ........ Sales commissions ....... Variable administrative expense..... $7.00 $4.00 $1.50 $5.00 $3.50 $2.50 $1.00 $0.50 ut ur p o costs incurred to sell 18,000 units?...
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:Amount per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.501. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 22,000 units are produced and sold, what is the variable cost per unit produced and sold?3. If 18,000 units are produced...
Average Cost per Unit Direct materials $ 6.80 Direct labor $ 3.50 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.75 Fixed administrative expense $ 0.60 Sales commissions $ 0.50 Variable administrative expense $ 0.50 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 4,000 units? c. If...
Average Cost Per Unit $6.10 $3.60 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 4.00 $3.10 $2.10 $1.10 0.55 Foundational 1-14 14. Ir 12.000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? (Do not round Intermedlate calculations.) Total direct manufacturing cost Total indirect manufacturing cost
Average Cost per Unit Direct Materials $12 Direct Labor Indirect Materials Fixed manufacturing overhead Variable manufacturing overhead Fixed selling and administrative expenses Variable sales commissions E. IF 19,000 units are produced, what are the total manufacturing overhead costs incurred? Total manufacturing overhead costs $ F. If 24,000 units are produced, what are the total manufacturing overhead costs incurred? Total manufacturing overhead costs $ G. If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If required,...
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 naterials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable adninistrative expense Anount per Unit 7.00 4.00 1.50 S 5.00 3.50 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and s...