Help fill this out pls Chawke Company's relevant range of production is 24,000 to 31,000 units. When it produces and sells 27,500 units, itsaverage costs per unit are as follows:AverageCost perUnitDirect materials$8.40Direct labor$5.40Variable manufacturing overhead.$2.90Fixed manufacturing overhead$6.40Fixed selling expense$4.90Fixed administrative expense$3.90Sales commissions$2.40Variable administrative expense$1.90Required:1. For financial accounting purposes, what is the total amount of product costs incurred to make 27,500 units?2. For financial accounting purposes, what is the total amount of period costs incurred to sell 27,500 units?3. For financial accounting purposes, what is the total amount of product costs incurred to make 31,000 units?4. For financial accounting purposes, what is the total amount of period costs incurred to sell 24,000 units?(For all requirements, do not round intermediate calculations.)1. Total amount of product costs2. Total amount of period costs incurred3. Total amount of product costs4. Total amount of period costs

Summary of Calculations:Total amount of product costs incurred to make 27,500 units: $635,250Total…

Answered: Chawke Company's relevant range of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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