Question: Direct materials$ 7 . 6 0 ( cost per unit ) Direct labor$ 4 . 2 0 ( cost per unit ) Variable manufacturing overhead$

Direct materials$ 7.60(cost per unit)Direct labor$ 4.20(cost per unit)Variable manufacturing overhead$ 2.15(cost per unit)Fixed manufacturing overhead$ 131,000(cost per period)Sales commissions$2.05(cost per unit)Variable administrativeexpense$ 1.10(cost per unit)Fixed selling andadministrative expense$ 50,200(cost per period)a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,220 units?b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,220 units?c. If 10,000 units are sold, what is the variable cost per unit sold?Note: Round "Per unit" answer to 2 decimal places.d. If 10,220 units are sold, what is the total amount of variable costs related to the units sold?e. If 10,220 units are produced, what is the total amount of manufacturing overhead cost incurred?f. If the selling price is $22.15 per unit, what is the contribution margin per unit sold?Note: Round "Per unit" answer to 2 decimal places.g. If 8,220 units are produced, what is the total amount of direct manufacturing cost incurred?h. If 8,220 units are produced, what is the total amount of indirect manufacturing costs incurred?i. What incremental manufacturing cost will the company incur if it increases production from 9,220 to 9,221 units?Note: Round "Per unit" answer to 2 decimal places.a. Total product costb. Total period costc. Variable cost per unit soldd. Total variable costse. Total manufacturing overhead costf. Contribution margin per unitg. Total direct manufacturing costh. Total indirect manufacturing costi. Incremental manufacturing costHill

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!