Question: Required information Cost Classifications (Algo) Skip to question [ The following information applies to the questions displayed below. ] Kubin Companys relevant range of production
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 15,000 to 19,000 units. When it produces and sells 17,000 units, its average costs per unit are as follows:
| Average Cost per Unit | |
|---|---|
| Direct materials | $ 7.60 |
| Direct labor | $ 4.60 |
| Variable manufacturing overhead | $ 2.10 |
| Fixed manufacturing overhead | $ 5.60 |
| Fixed selling expense | $ 4.10 |
| Fixed administrative expense | $ 3.10 |
| Sales commissions | $ 1.60 |
| Variable administrative expense | $ 1.10 |
Exercise 1-9 (Algo) Fixed, Variable, and Mixed Costs [LO1-4]
Required:
- If 15,000 units are produced and sold, what is the variable cost per unit produced and sold?
- If 19,000 units are produced and sold, what is the variable cost per unit produced and sold?
- If 15,000 units are produced and sold, what is the total variable cost related to the units produced and sold?
- If 19,000 units are produced and sold, what is the total variable cost related to the units produced and sold?
- If 15,000 units are produced, what is the average fixed manufacturing cost per unit produced?
- If 19,000 units are produced, what is the average fixed manufacturing cost per unit produced?
- If 15,000 units are produced, what is the total fixed manufacturing overhead incurred to support this level of production?
- If 19,000 units are produced, what is the total fixed manufacturing overhead incurred to support this level of production?
Note: Round per unit values to 2 decimal places.
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