Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and...
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Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,800 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.90 $1.60 $4.50 $0.70 $0.55 $0.45 $0.45 Required:a.For financial reporting purposes, what is the total amount of product costs incurred to make 4,800 units? b.For financial reporting purposes, what is the total amount of period costs incurred to sell 4,800 units? c.If 5,800 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. d.If 5,800 units are sold, what is the total amount of variable costs related to the units sold? e.If 5,800 units are produced, what is the average fixed manufacturing cost per unit produced? Note: Round "Per unit" answer to 2 decimal places. f.If 5,800 units are produced, what is the total amount of fixed manufacturing cost incurred? g.If 5,800 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis? Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,800 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.90 $1.60 $4.50 $0.70 $0.55 $0.45 $0.45 Required:a.For financial reporting purposes, what is the total amount of product costs incurred to make 4,800 units? b.For financial reporting purposes, what is the total amount of period costs incurred to sell 4,800 units? c.If 5,800 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. d.If 5,800 units are sold, what is the total amount of variable costs related to the units sold? e.If 5,800 units are produced, what is the average fixed manufacturing cost per unit produced? Note: Round "Per unit" answer to 2 decimal places. f.If 5,800 units are produced, what is the total amount of fixed manufacturing cost incurred? g.If 5,800 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis?
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Answer rating: 100% (QA)
a To calculate the total amount of product costs incurred to make 4800 units we sum up the relevant costs for production Total direct materials cost Average cost per unit of direct materials Number of ... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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