Reference no: EM133002237
Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows:
Average Cost per Unit
Direct materials $ 8.20
Direct labor $ 5.20
Variable manufacturing overhead $ 2.70
Fixed manufacturing overhead $ 6.20
Fixed selling expense $ 4.70
Fixed administrative expense $ 3.70
Sales commissions $ 2.20
Variable administrative expense $1.70
Required: (For all requirements, do not round intermediate calculations.)
Problem 1: For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units?
Problem 2: For financial accounting purposes, what is the total amount of period costs incurred to sell 24,500 units?
Problem 3: For financial accounting purposes, what is the total amount of product costs incurred to make 27,000 units?
Problem 4: For financial accounting purposes, what is the total amount of period costs incurred to sell 22,000 units?