Homework Answers
| 1 | ||
| Direct materials | 7.20 | |
| Direct labor | 4.20 | |
| Variable manufacturing overhead | 1.70 | |
| Sales commissions | 1.20 | |
| Variable administrative expense | 0.70 | |
| Variable cost per unit produced and sold | 15.00 | |
| 2 | ||
| Direct materials | 7.20 | |
| Direct labor | 4.20 | |
| Variable manufacturing overhead | 1.70 | |
| Sales commissions | 1.20 | |
| Variable administrative expense | 0.70 | |
| Variable cost per unit produced and sold | 15.00 | |
| 3 | ||
| Unit produced and sold | 11000 | |
| X Variable cost per unit | 15.00 | |
| Total amount of variable cost | 165000 | |
| 4 | ||
| Unit produced and sold | 14000 | |
| X Variable cost per unit | 15.00 | |
| Total amount of variable cost | 210000 | |
| 5 | ||
| Fixed manufacturing costs | 52500 | =12500*4.20 |
| Divide by units | 11000 | |
| Average fixed manufacturing cost per unit | 4.77 | |
| 6 | ||
| Fixed manufacturing costs | 52500 | =12500*4.20 |
| Divide by units | 14000 | |
| Average fixed manufacturing cost per unit | 3.75 | |
| 7 | ||
| Total amount of fixed manufacturing overhead | 52500 | =12500*4.20 |
| 8 | ||
| Total amount of fixed manufacturing overhead | 52500 | =12500*4.20 |
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Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12.500 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 per Uni $ 7.20 $ 4.20 $ 1.70 $ 4.20 S3.70 $ 2.70 1.20 $ 0.70 Sales commissions Variable administrative expense Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit produced...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 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 coneissions Variable adninistrative expense Amount per Unit $ 7.20 4.20 $ 1.70 $ 4.20 $ 3.70 $ 2.70 1.20 s 0.70 Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: \(\begin{array}{lc} & \text { Average } \\ & \text { Cost per } \\ \text { Unit } \\ \text { Direct materials } & \$ 7.20 \\ \text { Direct labor } & \$ 4.20 \\ \text { Variable manufacturing overhead } & \$ 1.70 \\ \text { Fixed manufacturing overhead } & \$...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: Amount per Unit 7.20 4.20 $ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ $ $ $ 1.70 4.20 3.70 2.70 1.20 $ 0.70 Required: 1 I 11.000 units are produced and sold, what is the variable cost per unit...
Kubin Company’s relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company’s relevant range of production is 11,000 to 14,000
units. When it produces and sells 12,500 units, its average costs
per unit are as follows:
Ciapel | IlleWUIK 1 werp Sdved CXIL SUL Check my work 2.5 points Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.20 $ 4.20 $ 1.70 $ 4.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12.500 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 adninistrative expense Unit $ 7.20 $ 4.28 $ 1.70 $ 4.28 $ 3.70 s 2.70 S 1.20 Required 1. If 11,000 units are produced and sold, what is the variable cost per unit produced and...
Kubin Company's relevant range of production is 12,000 to 16,000 units. When it produces and sells...
Kubin Company's relevant range of production is 12,000 to 16,000 units. When it produces and sells 14,000 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 Amount per Unit $ 7.30 $ 4.30 $ 1.80 $ 5.30 $ 3.80 $ 2.80 $ 1.30 $ 0.80 Required: 1. If 12,000 units are produced and sold, what is the variable cost...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows Average Cost per Unit 7.20 $ 4.20 $ 1.70 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comm15s1ons Variable administrative expense 5.20 $ 3.70 2.70 1.20 $ 0.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make...
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Kubin Company's relevant range of production is 27,000 to 29.000 units. When it produces and sells 28,000 units, it...
Kubin Company's relevant range of production is 27,000 to 29.000 units. When it produces and sells 28,000 units, its average costs per unit are as follows: Amount per Unit Direct materials Direct labor Variable manufacturing $ 8.70 $ 5.70 3.20 overhead Fixed manufacturing verhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative $ 6.70 5.20 $ 4.20 2.70 $ 2.20 expense Requlred: 1. If 27,000 units are produced and sold, what is the variable cost per unit produced...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12.500 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 per Uni $ 7.20 $ 4.20 $ 1.70 $ 4.20 S3.70 $ 2.70 1.20 $ 0.70 Sales commissions Variable administrative expense Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit produced...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 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 coneissions Variable adninistrative expense Amount per Unit $ 7.20 4.20 $ 1.70 $ 4.20 $ 3.70 $ 2.70 1.20 s 0.70 Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: \(\begin{array}{lc} & \text { Average } \\ & \text { Cost per } \\ \text { Unit } \\ \text { Direct materials } & \$ 7.20 \\ \text { Direct labor } & \$ 4.20 \\ \text { Variable manufacturing overhead } & \$ 1.70 \\ \text { Fixed manufacturing overhead } & \$...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: Amount per Unit 7.20 4.20 $ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ $ $ $ 1.70 4.20 3.70 2.70 1.20 $ 0.70 Required: 1 I 11.000 units are produced and sold, what is the variable cost per unit...
Kubin Company’s relevant range of production is 11,000 to 14,000
units. When it produces and sells 12,500 units, its average costs
per unit are as follows:
Ciapel | IlleWUIK 1 werp Sdved CXIL SUL Check my work 2.5 points Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.20 $ 4.20 $ 1.70 $ 4.20 $ 3.70 $ 2.70 $ 1.20 $ 0.70...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12.500 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 adninistrative expense Unit $ 7.20 $ 4.28 $ 1.70 $ 4.28 $ 3.70 s 2.70 S 1.20 Required 1. If 11,000 units are produced and sold, what is the variable cost per unit produced and...
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Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows Average Cost per Unit 7.20 $ 4.20 $ 1.70 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comm15s1ons Variable administrative expense 5.20 $ 3.70 2.70 1.20 $ 0.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make...
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