Hi expert please give me answer general accounting Kubin Company's relevant range of production is 14,000 to 20,500 units. When it produces andsells 17,250 units, its average costs per unit are as follows:Direct materialsDirect laborAverage Cost per Unit$7.50$4.50Variable manufacturing overhead $2.00Fixed manufacturing overhead$5.50Fixed selling expense$4.00Fixed administrative expense$3.00Sales commissions$1.50Variable administrative expense $1.00For financial accounting purposes, what is the total amount of product costs incurred to make17,250 units?

Step 1: Introduction to cost of a productThe cost of a product refers to the total amount of…

Answered: Kubin Company's relevant range of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
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