a. Total product costb. Total period costc. Variable cost per unit soldd. Total variable costse. Average fixed manufacturing cost per unit producedf. Total fixed manufacturing overhead costg. Total manufacturing overhead costg. Manufacturing overhead per unith. Contribution margin per uniti. Total direct manufacturing costj. Total indirect manufacturing costk. Incremental manufacturing cost Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,700 units, its average costsper unit are as follows:Direct materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadFixedelling expenseFixed administrative expenseSales commissionsVariable administrative expenseAverage Cost perUnit$ 5.60$ 3.70$ 1.90$ 3.80$ 0.85$ 0.70$ 0.60$ 0.60Required:a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,700 units?b. For financial reporting purposes, what is the total amount of period costs incurred to sell 5,700 units?c. If 6,700 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.)d. If 6,700 units are sold, what is the total amount of variable costs related to the units sold?e. If 6,700 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2decimal places.)f. If 6,700 units are produced, what is the total amount of fixed manufacturing cost incurred?g. If 6,700 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressedon a per unit basis? (Round "Per unit" answer to 2 decimal places.)h. If the selling price is $23.10 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.)i. If 4,700 units are produced, what is the total amount of direct manufacturing cost incurred?j. If 4,700 units are produced, what is the total amount of indirect manufacturing cost incurred?k. What incremental manufacturing cost will the company incur if it increases production from 5,700 to 5,701 units? (Round "Per unit"answer to 2 decimal places.)

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Answered: a. Total product cost b. Total period…

Business

Accounting

a. Total product cost b. Total period cost c. Variable cost per unit sold

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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