Assume the relevant range is 8,000 units to 12,000 units. At 11,000 units of production and...

 

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Assume the relevant range is 8,000 units to 12,000 units. At 11,000 units of production and sales, the following average ($/unit) and total costs ($) were measured as follows: Average Costs Total Costs $ Direct Materials Direct Labor Variable MOH Sales Commissions Variable Administrative Expense $/unit 7.30 0.40 1.00 0.70 0.54 Fixed Administrative Expense Fixed MOH Fixed Selling Expense At a production and sale level of 9,800 units, calculate Average Total Costs. 5500 1800 2500 This is a merchandising company. Assume the Cost of Goods Sold (COGS) is variable. Quantity of produced good sold 9,000 units $30/unit $7/unit $4/unit $5,000 $7,000 $3,000 $6,000 $7,200 Per unit Selling price to customers Variable selling expense per unit Variable administrative expense per unit New Purchases of merchandise Beginning merchandise inventory Ending merchandise inventory Fixed administrative expenses Fixed selling expenses Given the above information, construct a traditional financial income statement in the space below. Include major categories and dollar amount. Show all calculations. Assume the relevant range is 8,000 units to 12,000 units. At 11,000 units of production and sales, the following average ($/unit) and total costs ($) were measured as follows: Average Costs Total Costs $ Direct Materials Direct Labor Variable MOH Sales Commissions Variable Administrative Expense $/unit 7.30 0.40 1.00 0.70 0.54 Fixed Administrative Expense Fixed MOH Fixed Selling Expense At a production and sale level of 9,800 units, calculate Average Total Costs. 5500 1800 2500 This is a merchandising company. Assume the Cost of Goods Sold (COGS) is variable. Quantity of produced good sold 9,000 units $30/unit $7/unit $4/unit $5,000 $7,000 $3,000 $6,000 $7,200 Per unit Selling price to customers Variable selling expense per unit Variable administrative expense per unit New Purchases of merchandise Beginning merchandise inventory Ending merchandise inventory Fixed administrative expenses Fixed selling expenses Given the above information, construct a traditional financial income statement in the space below. Include major categories and dollar amount. Show all calculations.

Answer rating: 100% (QA)

Marginal costing statement at 9800 units Direct material 9800730 71540 Direct labor 9... View the full answer