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:
Amount per Unit | ||
Direct materials | $ | 7.30 |
Direct labor | $ | 4.30 |
Variable manufacturing overhead | $ | 1.80 |
Fixed manufacturing overhead | $ | 5.30 |
Fixed selling expense | $ | 3.80 |
Fixed administrative expense | $ | 2.80 |
Sales commissions | $ | 1.30 |
Variable administrative expense | $ | 0.80 |
Required:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 12,000 units are produced, what is the average fixed manufacturing cost per unit produced?
6. If 16,000 units are produced, what is the average fixed manufacturing cost per unit produced?
7. If 12,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
8. If 16,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
(Round per unit values to 2 decimal places.)
Kubin Company’s relevant range of production is 12,000 to 16,000 units. When it produces and sells...
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 12,000 to 16,000 units. When it produces and sells 14,000 units, its average costs per unit are as follows: Amount per UnitDirect materials$7.30Direct labor$4.30Variable manufacturing overhead$1.80Fixed manufacturing overhead$5.30Fixed selling expense$3.80Fixed administrative expense$2.80Sales commissions$1.30Variable administrative expense$0.80 Required: 1. What is the incremental manufacturing cost incurred if the company increases production from 14,000 to 14,001 units? 2. What is the incremental cost incurred if the company increases production and sales from 14,000 to 14,001 units?...
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: Amount per Unit Direct materials $ 8.90 Direct labor $ 5.90 Variable manufacturing overhead $ 3.40 Fixed manufacturing overhead $ 6.90 Fixed selling expense $ 5.40 Fixed administrative expense $ 4.40 Sales commissions $ 2.90 Variable administrative expense $ 2.40 Required: 1. If 29,000 units are produced and sold, what is the variable cost...
Kubin Company’s relevant range of production is 25,000 to 33,500 units. When it produces and sells 29,250 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 8.50 Direct labor $ 5.50 Variable manufacturing overhead $ 3.00 Fixed manufacturing overhead $ 6.50 Fixed selling expense $ 5.00 Fixed administrative expense $ 4.00 Sales commissions $ 2.50 Variable administrative expense $ 2.00 Required: 1. If 25,000 units are produced and sold, what is the variable...
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:Amount 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$0.501. 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 sold?3. If 18,000 units are produced...
Kubin Company’s relevant range of production is 19,000 to 20,000 units. When it produces and sells 19,500 units, its average costs per unit are as follows: Amount per Unit Direct materials $ 7.90 Direct labor $ 4.90 Variable manufacturing overhead $ 2.40 Fixed manufacturing overhead $ 5.90 Fixed selling expense $ 4.40 Fixed administrative expense $ 3.40 Sales commissions $ 1.90 Variable administrative expense $ 1.40 Required: 1. If 19,000 units are produced and sold, what is the variable...
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...
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Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 units, its average costs per unit are as follows: Amount per Unit $ 8.30 $5.30 $ 2.80 $6.30 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $4.80 $3.80 $2.30 $1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost per unit produced and sold? 2....