Answer
--All workings form part of the answer
1a | Direct Material per unit | $ 8.60 |
Direct Labor per unit | $ 5.60 | |
Direct Manufacturing cost per unit | $ 14.20 | |
No. of units sold | 30,750 | |
Total Direct manufacturing cost | $ 436,650.00 | |
1b | Variable manufacturing overhead per unit | $ 3.10 |
Fixed manufacturing Overhead per unit | $ 6.60 | |
Indirect Manufacturing cost per unit | $ 9.70 | |
No. of units sold | 30,750 | |
Total Indirect manufacturing cost | $ 298,275.00 | |
2a | Direct Material per unit | $ 8.60 |
Direct Labor per unit | $ 5.60 | |
Variable manufacturing overhead per unit | $ 3.10 | |
Fixed manufacturing Overhead per unit | $ 6.60 | |
Total Manufacturing cost per unit | $ 23.90 | |
No. of units sold | 30,750 | |
Total Direct Costs | $ 734,925.00 | |
2b | Total Indirect Costs | $ - |
3a | Sales Commission per unit | $ 2.60 |
No. of units sold | 30,750 | |
Total Sales Commission | $ 79,950.00 | |
[30750 units x $5.10] - $126075 | Fixed portion of sales representative compensation | $ 30,750.00 |
Total direct selling expense | $ 110,700.00 | |
3b | Total Indirect Selling Expense | $ 126,075.00 |
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
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...
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: 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 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company's relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 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 $ 8.80 $ 5.80 $ 3.30 $ 6.80 $ 5.30 $ 4.30 $ 2.80 $ 2.30 Required: 1. Assume the cost object is units of production: a. What is...
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: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 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 the total...
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: Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company's relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 units, its average costs per unit are as follows: Average Cost per Unit $8.80 $ 5.80 $ 3.30 $ 6.80 $ 5.30 $ 4.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions $2.80 2.30 Variable administrative expense Required: 1. Assume the cost object is units of production a. What is the total direct...
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: points Average Cost per Unit $7.20 $4.20 eBook $1.70 Print Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Reference $5.20 $3.70 $2.70 $1.20 $0.70 Required: L Assume the cost obiect is units of production a. What is the total direct manufacturing...
Kubin Company's relevant range of production is 16,000 to 24,500 units. When it produces and sells 20.250 units, its average costs per unit are as follows: Average Cost per Unit $ 7.70 4.70 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense + & A $ 1.20 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make...
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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Cost per Unit $7.40 $ 4.40 $ 1.90 $ 5.40 $3.90 s 2.90 $ 1.40 $ 0.90 Required: 1. Assume the cost object is units of production: a. What is the total direct...
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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Cost per Unit $7.40 $ 4.40 $ 1.90 $ 5.40 $3.90 s 2.90 $ 1.40 $ 0.90 Required: 1. Assume the cost object is units of production: a. What is the total direct...