1 | ||
Direct materials | 8.00 | |
Direct labor | 5.00 | |
Variable manufacturing overhead | 2.50 | |
Sales commissions | 2.00 | |
Variable administrative expense | 1.50 | |
Variable cost per unit produced and sold | 19.00 | |
2 | ||
Direct materials | 8.00 | |
Direct labor | 5.00 | |
Variable manufacturing overhead | 2.50 | |
Sales commissions | 2.00 | |
Variable administrative expense | 1.50 | |
Variable cost per unit produced and sold | 19.00 | |
3 | ||
Unit produced and sold | 20000 | |
X Variable cost per unit | 19.00 | |
Total amount of variable cost | 380000 | |
4 | ||
Unit produced and sold | 23000 | |
X Variable cost per unit | 19.00 | |
Total amount of variable cost | 437000 | |
5 | ||
Fixed manufacturing costs | 86000 | =21500*4 |
Divide by units | 20000 | |
Average fixed manufacturing cost per unit | 4.30 | |
6 | ||
Fixed manufacturing costs | 86000 | =21500*4 |
Divide by units | 23000 | |
Average fixed manufacturing cost per unit | 3.74 | |
7 | ||
Total amount of fixed manufacturing overhead | 86000 | =21500*4 |
8 | ||
Total amount of fixed manufacturing overhead | 86000 | =21500*4 |
Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells...
Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 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 $ 8.30 $ 5.30 $ 2.80 $ 6.30 $ 4.80 $ 3.80 $ 2.30 $ 1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost...
Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 units, its average costs per unit are as follows: Amount per Unit $ 8.30 $5.30 $ 2.80 $6.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $4.80 $3.80 $2.30 $1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold? 2....
Kubin Company’s relevant range of production is 19,000 to 20,000 units. When it produces and sells 19,500 units, its average costs per unit are as follows: Amount per Unit Direct materials $ 7.90 Direct labor $ 4.90 Variable manufacturing overhead $ 2.40 Fixed manufacturing overhead $ 5.90 Fixed selling expense $ 4.40 Fixed administrative expense $ 3.40 Sales commissions $ 1.90 Variable administrative expense $ 1.40 Required: 1. If 19,000 units are produced and sold, what is the variable...
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: Average Cost per Unit 58.00 $ 5.00 $ 2.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales Commissions Variable administrative expense $6.00 $4.50 $ 3.50 $ 2.00 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,500...
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: Average Cost per Unit Direct materials $ 8.00 Direct labor $ 5.00 Variable manufacturing overhead $ 2.50 Fixed manufacturing overhead $ 6.00 Fixed selling expense $ 4.50 Fixed administrative expense $ 3.50 Sales commissions $ 2.00 Variable administrative expense $ 1.50 3. For financial accounting purposes, what is the total amount of product...
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 29,000 to 33,000 units. When it produces and sells 31,000 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 $ 8.90 $5.90 $ 3.40 $ 6.90 $ 5.40 $ 4.40 $ 2.90 $ 2.40 ces Required: 1. If 29,000 units are produced and sold, what is the variable cost...
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...
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...