Homework Answers
| Calculation of variable cost per unit: | |||||
| Direct materials | $8.20 | ||||
| Direct labor | $5.20 | ||||
| Variable manufacturing overhead | $2.70 | ||||
| Sales commissions | $2.20 | ||||
| Variable administrative expenses | $1.70 | ||||
| Variable cost per unit | $20.00 | ||||
| Calculation of Fixed manufacturing cost per unit and Total Fixed costs: | |||||
| Fixed manufacturing overhead | $6.20 | ||||
| Fixed cost per unit | $6.20 | ||||
| Total Fixed expense(24,500 units*$14.60) | $1,51,900 | ||||
| Note:Fixed selling expenses and Fixed administrative expenses are not considered for calculation of Fixed manufacturing cost as theses are not related to production | |||||
| 1 | Variable cost per unit | $20.00 | |||
| 2 | Variable cost per unit | $20.00 | |||
| 3 | Total amount of variable cost(22,000 units*$20) | $4,40,000 | |||
| 4 | Total amount of variable cost(27,000 units*$20) | $5,40,000 | |||
| 5 | Average Fixed manufacturing cost per unit($151,900/22,000 units) | $6.90 | |||
| 6 | Average Fixed manufacturing cost per unit($151,900/27,000 units) | $5.63 | |||
| 7 | Total amount of Fixed manufacturing overhead | $1,51,900 | |||
| 8 | Total amount of Fixed manufacturing overhead | $1,51,900 | |||
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Exercise 1-9 Fixed, Variable, and Mixed Costs (L01-4) Kubin Company's relevant range of production...
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