Average Cost per Unit Direct materials $ 6.80 Direct labor $ 3.50 Variable manufacturing overhead $...
| 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 5,000 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.)
d. If 5,000 units are sold, what is the total amount of variable costs related to the units sold?
e. If 5,000 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2 decimal places.)
f. If 5,000 units are produced, what is the total amount of fixed manufacturing cost incurred?
g. If 5,000 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis? (Round "Per unit" answer to 2 decimal places.)
h. If the selling price is $24.30 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.)
i. If 3,000 units are produced, what is the total amount of direct manufacturing cost incurred?
j. If 3,000 units are produced, what is the total amount of indirect manufacturing cost incurred?
k. What incremental manufacturing cost will the company incur if it increases production from 4,000 to 4,001 units? (Round "Per unit" answer to 2 decimal places.)
Homework Answers
a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units?
For financial reporting purposes, what is the total amount of period costs incurred to sell 4,000 units?
c. If 5,000 units are sold, what is the variable cost per unit sold?
If 5,000 units are sold, what is the total amount of variable costs related to the units sold?
$5000*$11.30 Variable cost per unit=$56500
e. If 5,000 units are produced, what is the average fixed manufacturing cost per unit produced?
f. If 5,000 units are produced, what is the total amount of fixed manufacturing cost incurred?
g. If 5,000 units are produced, what is the total amount of manufacturing overhead cost incurred?
what is the total amount of manufacturing overhead cost incurred?
What is this total amount expressed on a per unit basis
=$10400/5000 units=$2.08 per unit
h. If the selling price is $24.30 per unit, what is the contribution margin per unit sold?
Sales -Variable Cost =Contribution
$24.30-$11.30=$13 per unit
i. If 3,000 units are produced, what is the total amount of direct manufacturing cost incurred?
Add Answer to:
Average
Cost per Unit
Direct materials
$
6.80
Direct labor
$
3.50
Variable manufacturing overhead
$...
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how to solve？
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how to solve 5678？
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 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 sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
Average Cost per Unit $7.00 4.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 1.56e s 5.e0 $3.50 $ 2.5e $1.0e 6.50 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. For financial accounting purposes, what is the...
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...
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