Fix the red Complete this question by entering your answers in the tabs below.Required 1 Required 2 Required 3Answer is complete but not entirely correct.2. Assume the cost object is the Manufacturing Department and that its total output is 21,750 units.a. How much total manufacturing cost is directly traceable to the Manufacturing Department? (Round per unit valuesdecimal places.)b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Departme2a. Direct material cost per unit2a. Direct labor cost per unit2a. Variable manufacturing overhead per unit2a. Fixed manufacturing overhead per unit2a. Total manufacturing cost per unit2a. Number of units produced and sold2a. Total direct costs2b. Total indirect costs$$7.804.802.305.8020.7021,750450,225126,150< Required 1Required 3 >Show Required information[The following information applies to the questions displayed below.]Kubin Company's relevant range of production is 17,000 to 26,500 units. When it produces and sells 21,750 units, itsaverage costs per unit are as follows:Direct materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadFixed selling expenseFixed administrative expenseSales commissionsVariable administrative expenseAverage Costper Unit$ 7.80$ 4.80$ 2.30$5.80$ 4.30$ 3.30$ 1.80$ 1.30Required:1. Assume the cost object is units of production:a. What is the total direct manufacturing cost incurred to make 21,750 units?b. What is the total indirect manufacturing cost incurred to make 21,750 units?2. Assume the cost object is the Manufacturing Department and that its total output is 21,750 units.a. How much total manufacturing cost is directly traceable to the Manufacturing Department?b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department?3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $71,775 of itstotal fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of thecompany's sales representatives' compensation.a. When the company sells 21,750 units, what is the total direct selling expense that can be readily traced to individual salesrepresentatives?b. When the company sells 21,750 units, what is the total indirect selling expense that cannot be readily traced to individual salesrepresentatives?

Lets understand the basics.Manufacturing cost includes:Direct materials costDirect labor cost…

2a. Direct material cost per unit 2a. Direct labor cost per unit 2a. Variable manufacturing overhead per unit 2a. Fixed manufacturing overhead per unit 2a. Total manufacturing cost per unit 2a. Number of units produced and sold 2a. Total direct costs 2b. Total indirect costs $ $ $ $ 7.80 4.80 2.30 5.80 20.70 21,750 450,225 126,150 < Required 1 Required 3

2a. Direct material cost per unit 2a. Direct labor cost per unit 2a. Variable manufacturing overhead per unit 2a. Fixed manufacturing overhead per unit 2a. Total manufacturing cost per unit 2a. Number of units produced and sold 2a. Total direct costs 2b. Total indirect costs $ $ $ $ 7.80 4.80 2.30 5.80 20.70 21,750 450,225 126,150 < Required 1 Required 3

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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