d k t nces [The following information applies to the questions displayed below.] 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 commis ons Variable administrative expense Average Cost per Unit $ 8.90 $5.90 $ 3.40 $6.90 $ 5.40 $4.40 $ 2.90 $ 2.40 1. and 2. Variable cost per unit produced and sold Saved Required: 1. If 29,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 33,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 29,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 33,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 29,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 33,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 29,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production 8. If 33,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production (Round per unit values to 2 decimal places.) < Prev 29,000 Units 2 of 4 33,000 Units # Next >

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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Question 1. And 2?
d
k
t
nces
[The following information applies to the questions displayed below.]
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 commis
ons
Variable administrative expense
1. and 2. Variable cost per unit produced and sold
Average
Cost per
Unit
$ 8.90
$5.90
$ 3.40
$6.90
$ 5.40
$4.40
$ 2.90
$ 2.40
Required:
1. If 29,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 33,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 29,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 33,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 29,000 units are produced, what is the average fixed manufacturing cost per unit produced?
6. If 33,000 units are produced, what is the average fixed manufacturing cost per unit produced?
7. If 29,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
8. If 33,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?
(Round per unit values to 2 decimal places.)
&
Saved
18
< Prev
29,000 Units
2 of 4
♫
tv
33,000 Units
⠀⠀
Next >
W
P
Help
Transcribed Image Text:d k t nces [The following information applies to the questions displayed below.] 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 commis ons Variable administrative expense 1. and 2. Variable cost per unit produced and sold Average Cost per Unit $ 8.90 $5.90 $ 3.40 $6.90 $ 5.40 $4.40 $ 2.90 $ 2.40 Required: 1. If 29,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 33,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 29,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 33,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 29,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 33,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 29,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 33,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.) & Saved 18 < Prev 29,000 Units 2 of 4 ♫ tv 33,000 Units ⠀⠀ Next > W P Help
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