Question: Direct materials Direct labor Fixed manufacturing overhead Cost per Unit $ 7.20 $ 4.20 Variable manufacturing overhead $ 1.70 $ 5.20 Fixed selling expense



Direct materials Direct labor Fixed manufacturing overhead Cost per Unit $ 7.20 $ 4.20 Variable manufacturing overhead $ 1.70 $ 5.20 Fixed selling expense $ 3.70 Fixed administrative expense $ 2.70 Sales commissions $ 1.20 Variable administrative expense $ 0.70 Exercise 1-9 (Algo) Fixed, Variable, and Mixed Costs [LO1-4] Required: 1. If 11,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 14,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 11,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 14,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 11,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 14,000 units are produced, what is the average fixed manufacturing cost per unit produced? 7. If 11,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? 8. If 14,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.) Answer is complete but not entirely correct. 1. & 2. Variable cost per unit produced and sold 3. & 4. Total amount of variable cost related to units produced and sold 5.& 6. Average fixed manufacturing cost per unit produced 7.& 8. Total amount of fixed manufacturing overhead 11,000 Units 14,000 Units $ 15.00 $165,000 $ 15.00 $210,000 ( $ 4.77 $ 3.75 X $ 52,500 $ 52,500
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
