4. Total amount of period costs
Fixed selling expenses (3.50*20,000) | 70,000 |
Fixed administrative expenses (2.50*20,000) | 50,000 |
Sales commissions (1*18,000) | 18,000 |
Variable administrative expenses (0.50*18,000) | 9,000 |
Total amount of period costs |
$147,000 |
Cha Kubin Company's relevant range of production is 18,000 to 22.000 units. When It produces and...
Kubin Company's relevant range of production is 13,000 to 18,000 units. When it produces and sells 15,500 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 $ 7.40 $ 4.40 $ 1.90 $ 5.40 $ 3.90 $ 2.90 $ 1.40 $ 0.90 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: Average Cost per Unit 58.00 $ 5.00 $ 2.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales Commissions Variable administrative expense $6.00 $4.50 $ 3.50 $ 2.00 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,500...
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: Average Cost per Unit Direct materials$7.90Direct labor$4.90Variable manufacturing overhead$2.40Fixed manufacturing overhead$5.90Fixed selling expense$4.40Fixed administrative expense $3.40Sales commissions$1.90Variable administrative expense$1.40Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 19,500 units? 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 19,500 units? 3. For flinancial accounting purposes,...
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 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 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows Average Cost per Unit 7.20 $ 4.20 $ 1.70 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comm15s1ons Variable administrative expense 5.20 $ 3.70 2.70 1.20 $ 0.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make...
Kubin Company's relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 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 Average Cost per Unit $ 7.10 $ 4.10 $ 1.60 $ 5.10 $ 3.60 $ 2.60 $ 1.10 $ 0.60 Required: 1. For financial accounting purposes, what is the total amount of product...
Kubin Company's relevant range of production is 17,000 to 26,500 units. When it produces and sells 21,750 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 Average Cost per Unit $ 7.80 $ 4.80 $ 2.30 $ 5.80 $ 4.30 $ 3.30 $ 1.80 $ 1.30 Required: 1. For financial accounting purposes, what is the total amount of product...
Kubin Company's relevant range of production is 28,000 to 31,500 units. When it produces and sells 29.750 units, its average costs per unit are as follows: Average Cost per Unit $ 8.80 5.80 3.30 6.80 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 5.30 4.30 2.30 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 29,750 units? 2. For...
Kubin Company's relevant range of production is 21,000 to 25,000 units. When it produces and sells 23,000 units,its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense 8.10 s 4.66 $2.10 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 23,000 units? 2. For financial accounting purposes, what is...