Alabama State University College of Business Administration ACT 526 Advanced Managerial/Cost Accounting Excerise I January 15,...
16) 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: Average Cost per Unit Direct materials $5.30 Direct labor $3.65 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $3.90 Fixed selling expense $0.75 Fixed administrative expense $0.60 Sales commissions $0.50 Variable administrative expense $0.50 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units?...
1) 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: Average Cost per Unit I Direct materials S5.30 Direct labor $3.65 I Variable manufacturing overhead S1.50 Fixed manufacturing overhead $3.90 Fixed selling expense S0.75 IlFixed administrative expense S0.60 Sales commissions SO 50 I Variable administrative expense 50.50 Required: a. For financial reporting purposes, what is the total amount of product costs incurred...
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...
Could you please break this down step by step 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 $ 3.90 $ 0.75 $ 0.60 $ 0.50 $ 0.50 Required: a. For...
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...
16) 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: Average Cost per Unit Direct materials $5.30 Direct labor $3.65 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $3.90 Fixed selling expense $0.75 Fixed administrative expense $0.60 Sales commissions $0.50 Variable administrative expense $0.50 Required: f. If 6,000 units are produced, what is the total amount of fixed manufacturing cost incurred? g. If...
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...
1) 2) Required information Cost Classifications (Algo) The following information applies to the questions displayed below.) 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 Average Cost per Unit $8.90 $5.90 $3.40 $6.90 $5.40 $4.40 $2.90 $2.40 Exercise 1-9 (Algo) Fixed, Variable,...
Average Cost per Unit Direct materials $ 6.80 Direct labor $ 3.50 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.75 Fixed administrative expense $ 0.60 Sales commissions $ 0.50 Variable administrative expense $ 0.50 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 4,000 units? c. If...
E until K please! Thanks! Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: 6.80 $3.50 1.60 $4.00 $0.75 s 0.60 s 0.50 $0.50 Direct labor Fixed nanufacturing overhead Fixed selling expense Fixed ve expense a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units? b. For financial reporting purposes, what is the total...