-- Homework 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 $ 8.90 $ 5.90 $ 3.40 $ 6.90 $ 5.40 $ 4.40 $ 2.90 $ 2.40 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.) 29,000 Units 33,000 Units He

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kubins company’s relevant information range of production is 29000 to 33000 units. When it sells 31000 it’s average cost per unit are as follows Question 7 and 8 only please
-- Homework
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
$ 8.90
$ 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?
Saved
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. and 8. Total amount of fixed manufacturing overhead
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.)
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Transcribed Image Text:-- Homework 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 $ 8.90 $ 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? Saved 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. and 8. Total amount of fixed manufacturing overhead 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 FE Next > He
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