Homework Answers
Solution 1:
If 24000 units are produced and sold, Variable cost per unit produced and sold = Direct materials + Direct labor + Variable manufacturing overhead + Sales commission + Variable administrative expenses = $8.40 + $5.40 + $2.90 + $2.40 + $1.90 = $21 per unit
Solution 2:
If 31000 units are produced and sold, Variable cost per unit produced and sold = Direct materials + Direct labor + Variable manufacturing overhead + Sales commission + Variable administrative expenses = $8.40 + $5.40 + $2.90 + $2.40 + $1.90 = $21 per unit
Solution 3:
If 24000 units are produced and sold, total amount of Variable cost of units produced and sold = 24000*$21 = $504,000
Solution 4:
If 31000 units are produced and sold, total amount of Variable cost of units produced and sold = 31000*$21 = $651,000
Solution 5:
Total fixed manufacturing costs = 27500*$7.10 = $195,250
If 24000 units are produced, average fixed manufacturing cost per unit = $195,250 / 24000 = $8.14 per unit
Solution 6:
If 31000 units are produced, average fixed manufacturing cost per unit = $195,250 / 31000 = $6.30 per unit
Solution 7:
If 24000 units are produced, total amount of fixed manufacturing overhead incurred to support this level of production = 27500*$7.10 = $195,250
Solution 8:
If 31000 units are produced, total amount of fixed manufacturing overhead incurred to support this level of production = 27500*$7.10 = $195,250
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