Homework Answers
| 22000units | 27000 units | ||
| 1&2 | variable cost per unit produced and sold | 6.6 | 6.6 |
| 3&4 | total variable cost | 145000 | 178000 |
| 5&6 | Average fixed manufacturing cost per unit produced and sold | 6.2 | 5.05 |
| 7&8 | Total fixed manufacturing overhead | 136400 | 136400 |
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Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells...
Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells...
Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $1.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to...
Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells...
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: Direct naterials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable adninistrative expense Anount per Unit 7.00 4.00 1.50 S 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 s...
Kubin Company's relevant range of production is 27,000 to 29.000 units. When it produces and sells 28,000 units, it...
Kubin Company's relevant range of production is 27,000 to 29.000 units. When it produces and sells 28,000 units, its average costs per unit are as follows: Amount per Unit Direct materials Direct labor Variable manufacturing $ 8.70 $ 5.70 3.20 overhead Fixed manufacturing verhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative $ 6.70 5.20 $ 4.20 2.70 $ 2.20 expense Requlred: 1. If 27,000 units are produced and sold, what is the variable cost per unit produced...
Kubin Company’s relevant range of production is 18,000to 22,000 units. When it produces and sells...
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 22,000 to 27,000 units. When it produces and sells...
Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 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 $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $ 1.70 Required: 1. For financial accounting purposes, what is the total amount of product...
Kubin Company’s relevant range of production is 22,000 to 27,000 units. When it produces and sells...
Kubin Company’s relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Average Cost per Unit: Direct materials$8.20 Direct labor$5.20 Variable manufacturing overhead$2.70 Fixed manufacturing overhead$6.20 Fixed selling expense$4.70 Fixed administrative expense$3.70 Sales commissions$2.20 Variable administrative expense$1.70 1. For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units? 2. For financial accounting purposes, what is the total amount of...
Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells...
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 Amount per Unit $ 8.00 $ 5.00 $ 2.50 $ 4.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. If 20,000 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...
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 23,000 to 27,500 units. When it produces and sells...
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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 8.30 $ 5.30 $ 2.80 $ 6.30 $ 4.80 $ 3.80 $ 2.30 $ 1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost...
Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells...
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....
Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $1.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to...
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: Direct naterials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable adninistrative expense Anount per Unit 7.00 4.00 1.50 S 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 s...
Kubin Company's relevant range of production is 27,000 to 29.000 units. When it produces and sells 28,000 units, its average costs per unit are as follows: Amount per Unit Direct materials Direct labor Variable manufacturing $ 8.70 $ 5.70 3.20 overhead Fixed manufacturing verhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative $ 6.70 5.20 $ 4.20 2.70 $ 2.20 expense Requlred: 1. If 27,000 units are produced and sold, what is the variable cost per unit produced...
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 22,000 to 27,000 units. When it produces and sells 24,500 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 $ 8.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.70 $ 2.20 $ 1.70 Required: 1. For financial accounting purposes, what is the total amount of product...
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 Amount per Unit $ 8.00 $ 5.00 $ 2.50 $ 4.00 $ 4.50 $ 3.50 $ 2.00 $ 1.50 Required: 1. If 20,000 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: 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 23,000 to 27,500 units. When it produces and sells 25,250 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 $ 8.30 $ 5.30 $ 2.80 $ 6.30 $ 4.80 $ 3.80 $ 2.30 $ 1.80 Required: 1. If 23,000 units are produced and sold, what is the variable cost...
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....
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