Homework Answers
Answer to Requirement 1:
Variable Cost per unit produced = Direct Materials + Direct
Labor + Variable Manufacturing Overhead
Variable Cost per unit produced = $7.20 + $4.20 + $1.70
Variable Cost per unit produced = $13.10
Variable Cost per unit Sold = Direct Materials + Direct Labor +
Variable Manufacturing Overhead + Sales Commission + Variable
Administrative Expense
Variable Cost per unit Sold = $7.20 + $4.20 + $1.70 + $1.20 +
$0.70
Variable Cost per unit Sold = $15.00
Answer to Requirement 2:
Variable Cost per unit produced = Direct Materials + Direct
Labor + Variable Manufacturing Overhead
Variable Cost per unit produced = $7.20 + $4.20 + $1.70
Variable Cost per unit produced = $13.10
Variable Cost per unit Sold = Direct Materials + Direct Labor +
Variable Manufacturing Overhead + Sales Commission + Variable
Administrative Expense
Variable Cost per unit Sold = $7.20 + $4.20 + $1.70 + $1.20 +
$0.70
Variable Cost per unit Sold = $15.00
Answer to Requirement 3:
Total Variable Cost related to 11,000 Units produced = $13.10 *
11,000
Total Variable Cost related to 11,000 Units produced =
$144,100
Total Variable Cost related to 11,000 Units sold = $15.00 *
11,000
Total Variable Cost related to 11,000 Units sold =
$165,000
Answer to Requirement 4:
Total Variable Cost related to 14,000 Units produced = $13.10 *
14,000
Total Variable Cost related to 14,000 Units produced =
$183,400
Total Variable Cost related to 14,000 Units sold = $15.00 *
14,000
Total Variable Cost related to 14,000 Units sold =
$210,000
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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 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 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 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 18,000 to 22,000 units. When it produces and sells...
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...
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...
Kubin Company's relevant range of production is 15,000 to 19,000 units. When it produces and sells...
Kubin Company's relevant range of production is 15,000 to 19,000 units. When it produces and sells 17,000 units, its average costs per unit are as follows: oints 8 02:25:01) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.60 $ 4.60 $ 2.10 $ 5.60 $ 4.10 $ 3.10 $ 1.60 $ 1.10 Required: 1. If 15,000 units are produced and sold, what is...
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 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 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 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 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...
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 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...
Kubin Company's relevant range of production is 15,000 to 19,000 units. When it produces and sells 17,000 units, its average costs per unit are as follows: oints 8 02:25:01) Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.60 $ 4.60 $ 2.10 $ 5.60 $ 4.10 $ 3.10 $ 1.60 $ 1.10 Required: 1. If 15,000 units are produced and sold, what is...
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