Question: Required information Cost Classifications ( Algo ) Skip to question [ The following information applies to the questions displayed below. ] Kubin Company s relevant

Required information
Cost Classifications (Algo)
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[The following information applies to the questions displayed below.]
Kubin Companys relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 units, its average costs per unit are as follows:
Average Cost per UnitDirect materials$ 8.80Direct labor$ 5.80Variable manufacturing overhead$ 3.30Fixed manufacturing overhead$ 6.80Fixed selling expense$ 5.30Fixed administrative expense$ 4.30Sales commissions$ 2.80Variable administrative expense$ 2.30
Exercise 1-8(Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4]
Required:
1. For financial accounting purposes, what is the total amount of product costs incurred to make 29,750 units?
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 29,750 units?
3. For financial accounting purposes, what is the total amount of product costs incurred to make 31,500 units?
4. For financial accounting purposes, what is the total amount of period costs incurred to sell 28,000 units?
(For all requirements, do not round intermediate calculations.)

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