Solution 1:
If 11000 units produced and sold, Variable cost per unit produced and sold = Direct material + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expenses
= $7.20 + $4.20 + $1.70 + $1.20 + $0.70 = $15 per unit
Solution 2:
If 14000 units produced and sold, Variable cost per unit produced and sold = Direct material + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expenses
= $7.20 + $4.20 + $1.70 + $1.20 + $0.70 = $15 per unit
Solution 3:
If 11000 units produced and sold, Total Variable cost of unit produced and sold = 11000*$15 = $165,000
Solution 4:
If 11000 units produced and sold, Total Variable cost of unit produced and sold = 14000*$15 = $210,000
Solution 5:
Total fixed manufacturing overhead = 12500 * $4.20 = $52,500
If 11000 units are produced, average fixed manufacturing cost per unit = $52,500 / 11000 = $4.77 per unit
Solution 6:
If 14000 units are produced, average fixed manufacturing cost per unit = $52,500 / 14000 = $3.75 per unit
Solution 7:
If 11000 units are produced, total fixed manufacturing overhead to be incurred = $52,500
Solution 8:
If 14000 units are produced, total fixed manufacturing overhead to be incurred = $52,500
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 coneissions Variable adninistrative expense Amount per Unit $ 7.20 4.20 $ 1.70 $ 4.20 $ 3.70 $ 2.70 1.20 s 0.70 Required: 1. If 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: 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: \(\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 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 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 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...