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 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? 3. If 29,000 units are produced and sold, what is the total amo 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? panufacturing overhead incurred to support this level of producti

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 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? 3. If 29,000 units are produced and sold, what is the total amo 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? panufacturing overhead incurred to support this level of producti

Name: Only 5 and 6 Kubin Company's relevant range of production is 29,000 to
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Description: Only 5 and 6 Kubin Company's relevant range of production is 29,000 to 33,000 units. When it produces and sells 31,000 units, itsaverage costs per unit are as follows:Direct materialsDirect laborVariable manufacturing overheadFixed manufacturing over

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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