Ur https3A2F2F connect 1 Homework 4 Kubin Companys relevant

Ur https%3A%2F%2F connect 1 Homework 4 Kubin Company\'s relevant range of production is 13,000 to 18,000 units. When it produces and sells 15.500 units, its average costs per unt are as follows points per Unit Direct materials Direct labor Variable manufacturing 7.40 4.40 5 1.96 5·40 $3.9e $ 2.90 S 1.48 0.90 Fixed manufacturing overhead Fixed selling expense Fixed administrative Sales commissions Variable administrative s e.se 1 For Sinancial accounting purposes, what is the total amount of product costs incurred to make 15.500 units? 2. For financial 3. For financial accounting purposes, what is the total amount of product costs incurred to make 18.000 units? 4 For financial accounting purposes, what is the total amount of period costs incurred to sell 15,500 units? accounting purposes, what is the total amount of period costs incurred to sell 13,000 units? (For all requirements, do not round intermediete calculations) Total amourt of period costs incurned 3 Total anount of product cosbs 4 Total amount of perlod costs

Solution

Answer

Costs

Units

per unit

Total amount

Fixed manufacturing overhead

15500

5.4

83700

Fixed Selling expense

15500

3.9

60450

Fixed Administrative expense

15500

2.9

44950

Units

15500

18000

13000

Product Cost:

Direct materials

114700

133200

96200

Direct Labor

68200

79200

57200

Variable Manufacturing overhead

29450

34200

24700

Total Product cost

212350

246600

178100

Period Cost:

Fixed manufacturing overhead

83700

83700

83700

Fixed Selling expense

60450

60450

60450

Fixed Administrative expense

44950

44950

44950

Sales Commission

21700

25200

18200

Variable administrative expenses

13950

16200

11700

Total Period Cost

224750

230500

219000

Answers based on above table:

Requirement no.

Answer

1

212350

2

224750

3

246600

4

219000

Costs	Units	per unit	Total amount
Fixed manufacturing overhead	15500	5.4	83700
Fixed Selling expense	15500	3.9	60450
Fixed Administrative expense	15500	2.9	44950