Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $...
Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50
Required:
1. Assume the cost object is units of production:
a. What is the total direct manufacturing cost incurred to make 32,500 units?
b. What is the total indirect manufacturing cost incurred to make 32,500 units?
2. Assume the cost object is the Manufacturing Department and that its total output is 32,500 units.
a. How much total manufacturing cost is directly traceable to the Manufacturing Department?
b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department?
3. Assume the cost object is the company’s various sales representatives. Furthermore, assume that the company spent $146,250 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives’ compensation.
a. When the company sells 32,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives?
b. When the company sells 32,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives?
1. Assume the cost object is units of production:
a. What is the total direct manufacturing cost incurred to make 32,500 units? (Round per unit values to 2 decimal places.)
b. What is the total indirect manufacturing cost incurred to make 32,500 units? (Round per unit values to 2 decimal places.)
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2. Assume the cost object is the Manufacturing Department and that its total output is 32,500 units.
a. How much total manufacturing cost is directly traceable to the Manufacturing Department? (Round per unit values to 2 decimal places.)
b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department?
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3. Assume the cost object is the company’s various sales representatives. Furthermore, assume that the company spent $146,250 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives’ compensation.
a. When the company sells 32,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? (Round per unit value to 2 decimal places.)
b. When the company sells 32,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives?
Show less
|
Homework Answers
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Average Cost per Unit Direct materials $ 9.00 Direct labor $
6.00 Variable manufacturing overhead $...
How do you calculate 2b and 3b? Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing...
How do you calculate 2b and 3b?
Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Cost per Unit 7.40 4.40 $ 1.90 $5.40 3.90 2.90 1.40 0.90 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 15,500 units? b. What is the total indirect manufacturing cost incurred to make 15,500 units? 2. Assume the cost...
Kubin Company’s relevant range of production is 30,000 to 35,000 units. When it produces and sells...
Kubin Company’s relevant range of production is 30,000 to 35,000
units. When it produces and sells 32,500 units, its average costs
per unit are as follows:
Average Cost per Unit
Direct materials
$
9.00
Direct labor
$
6.00
Variable manufacturing overhead
$
3.50
Fixed manufacturing overhead
$
7.00
Fixed selling expense
$
5.50
Fixed administrative expense
$
4.50
Sales commissions
$
3.00
Variable administrative expense
$
2.50
Required:
1. Assume the cost object is units of production:
a. What...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 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 commissions Variable administrative expense Average Cost per Unit $ 9.00 $ 6.00 $ 3.50 $ 7.00 $ 5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company’s relevant range of production is 30,000 to 35,000 units. When it produces and sells...
Kubin Company’s relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 9.00 $ 6.00 $ 3.50 $ 7.00 $5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total...
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:
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: Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 20,000 units? b. What is the total indirect manufacturing cost incurred to make 20,000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 20,000 units. a. How much total manufacturing cost is...
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:
Exercise 1-7 Direct and Indirect Costs [LO1-1] 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: Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 20,000 units? b. What is the total indirect manufacturing cost incurred to make 20,000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 20,000 units. a....
Direct and Indirect Costs
ubin 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: Average Cost per UnitDirect materials$7.00Direct labor$4.00Variable manufacturing overhead$1.50Fixed manufacturing overhead$5.00Fixed selling expense$3.50Fixed administrative expense$2.50Sales commissions$1.00Variable administrative expense$0.50 Required:1. Assume the cost object is units of production:a. What is the total direct manufacturing cost incurred to make 20,000 units?b. What is the total indirect manufacturing cost incurred to make 20,000 units? 2. Assume the cost object is the...
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:
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: Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 20,000 units? b. What is the total indirect manufacturing cost incurred to make 20.000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 20,000 units. a. How much total manufacturing cost is...
Exercise 1-7 Direct and Indirect Costs (L01-1) Kubin Company's relevant range of production is 20,000 to...
Exercise 1-7 Direct and Indirect Costs (L01-1) Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 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 commissions Variable administrative expense Average Cost per Unit $ 8.00 $ 5.00 $ 2.50 $6.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. Assume the cost object is...
How do you calculate 2b and 3b?
Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Cost per Unit 7.40 4.40 $ 1.90 $5.40 3.90 2.90 1.40 0.90 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 15,500 units? b. What is the total indirect manufacturing cost incurred to make 15,500 units? 2. Assume the cost...
Kubin Company’s relevant range of production is 30,000 to 35,000
units. When it produces and sells 32,500 units, its average costs
per unit are as follows:
Average Cost per Unit
Direct materials
$
9.00
Direct labor
$
6.00
Variable manufacturing overhead
$
3.50
Fixed manufacturing overhead
$
7.00
Fixed selling expense
$
5.50
Fixed administrative expense
$
4.50
Sales commissions
$
3.00
Variable administrative expense
$
2.50
Required:
1. Assume the cost object is units of production:
a. What...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 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 commissions Variable administrative expense Average Cost per Unit $ 9.00 $ 6.00 $ 3.50 $ 7.00 $ 5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is...
Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 9.00 $ 6.00 $ 3.50 $ 7.00 $5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total...
Exercise 1-7 Direct and Indirect Costs (L01-1) Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 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 commissions Variable administrative expense Average Cost per Unit $ 8.00 $ 5.00 $ 2.50 $6.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. Assume the cost object is...
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