Total production cost= $ 99,600
Total Selling Cost= $ 112,800
Contribution margin per unit= $ 10.7
Direct manufacturing cost= $ 71,750
Indirect manufacturing cost= $ 111,600
please show work or explain i dont just want answers im trying to figure out how...
TB Problem Qu. 1-277 Learned Corporation has provided the following ... Learned Corporation has provided the following information: Cost per cost per Unit Period $ 4.10 Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead $ 28,000 $ 0.40 $ 0.30 Variable administrative expense Fixed selling and administrative expense $9.100 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 7,000 units? b. For financial reporting purposes, what is the total amount...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.50 Direct labor $ 4.50 Variable manufacturing overhead $ 2.10 Fixed manufacturing overhead $ 25,800 Sales commissions $ 0.70 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 7,200 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 6,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.60 Direct labor $ 3.90 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 22,500 Sales commissions $ 0.50 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 7,500 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred...
Could you please tell me step by step what to do?
Learned Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Cost per Unit riod $ 5.10 $ 3.65 $ 1.25 $ 31,500 $0.50 $ 0.40 $ 10,500 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 7,000 units? b. For financial reporting...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.40 Direct labor $ 3.80 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 38,250 Sales commissions $ 0.80 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 12,750 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,500 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,500...
Learned Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales comissions Variable administrative expense Fixed selling and administrative expense Cost per cost per Unit Period $6.20 $ 4.20 $ 1.80 $32,000 $ 0.62 $8.50 $11,200 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,000 units?...
Learned Corporation has provided the following information: Cost per Period Cost per Unit $ 5.30 $ 3.75 $ 1.35 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 36,000 $ 0.70 $ 0.60 $ 12,000 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred...
TB Problem Qu. 1-275 Saxbury Corporation's relevant range of activity ... Saxbury Corporation's relevant range of activity is 3.000 units to 7.000 units. When it produces and sells 5,000 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 Average Cost per Unit $5.30 $3.65 $1.50 $3.99 $0.75 $0.60 $0.50 $0.50 Required: a. For financial reporting purposes, what is the...
TB Problem Qu. 1-275 Saxbury Corporation's relevant range of activity Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,200 units, its average costs per unit are as follows: Average Cost per Unit 5.10 3.45 1.40 3.50 0.60 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense 0.45 Sales commissions 0.35 0.35 Variable administrative expense Required: a. For financial reporting purposes, what is the total...
Dobosh Corporation has provided the following information:Cost perUnitCost per PeriodDirect materials$7.05Direct labor$3.65Variable manufacturing overhead$1.60Fixed manufacturing overhead$113,400Sales commissions$1.50Variable administrative expense$0.55Fixed selling and administrative expense$36,450Required:a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,000 units?b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,000 units?c. If 10,000 units are sold, what is the variable cost per unit sold?d. If 10,000 units are sold, what is the total amount...