Homework Answers
| 26,000 Units | 35,500 Units | ||
| 1 & 2 | Variable Cost per units produced and Sold | $ 22 | $ 22 |
| 3 & 4 | Total amount of variable cost related to units produced and Sold |
$
572,000 ( 26,000 x $ 22 ) |
$
781,000 ( 35,500 x $ 22) |
| 5 & 6 | Average Fixed manufacturing cost per unit Produced |
$
7.81 ( $ 6.60 x 30,750 / 26,000 ) |
$
5.72 ( $ 6.60 x 30,750 / 35,500 ) |
| 7 & 8 | Total Amount of Fixed Manufacturing overhead |
$
202,950 ( 30,750 x $ 6.60 ) |
$
202,950 ( 30,750 x $ 6.60 ) |
| Particulars | per unit |
| Direct materials | $ 8.60 |
| Direct labor | $ 5.60 |
| Variable Manufacturing overhead | $ 3.10 |
| Sales commission | $ 2.60 |
| Variable Administrative expense | $ 2.10 |
| Total variable cost per unit | $ 22 |
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Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 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 $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Required: 1. What is the incremental manufacturing cost incurred if the company increases production...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.60 s 5.60 $ 3.10 6.60 $5.10 $ 4.10 $ 2.60 2.10 Skipped Print Required: 1. What is the incremental manufacturing cost incurred if the company increases production...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense points 8 01:24:30 Skipped Required: 1. Assume the cost object is units of...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required: 1. Assume the cost object is units of production: a. What is...
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 29,000 to 33,000 units. When it produces and sells...
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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 8.90 $5.90 $ 3.40 $ 6.90 $ 5.40 $ 4.40 $ 2.90 $ 2.40 ces Required: 1. If 29,000 units are produced and sold, what is the variable cost...
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells...
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: Amount per Unit 7.20 4.20 $ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ $ $ $ 1.70 4.20 3.70 2.70 1.20 $ 0.70 Required: 1 I 11.000 units are produced and sold, what is the variable cost per unit...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 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 $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Required: 1. What is the incremental manufacturing cost incurred if the company increases production...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 8.60 s 5.60 $ 3.10 6.60 $5.10 $ 4.10 $ 2.60 2.10 Skipped Print Required: 1. What is the incremental manufacturing cost incurred if the company increases production...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense points 8 01:24:30 Skipped Required: 1. Assume the cost object is units of...
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.60 $ 5.60 $ 3.10 $ 6.60 $ 5.10 $ 4.10 $ 2.60 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required: 1. Assume the cost object is units of production: a. What is...
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....
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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 8.90 $5.90 $ 3.40 $ 6.90 $ 5.40 $ 4.40 $ 2.90 $ 2.40 ces Required: 1. If 29,000 units are produced and sold, what is the variable cost...
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: Amount per Unit 7.20 4.20 $ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ $ $ $ 1.70 4.20 3.70 2.70 1.20 $ 0.70 Required: 1 I 11.000 units are produced and sold, what is the variable cost per unit...
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