[The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 21,000 to 25,000 units. When it produces and sells 23,000 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 Average Cost per Unit $ 8.10 $ 5.10 $ 2.60 $ 6.10 $ 4.60 $ 3.60 $ 2.10 $ 1.60 Sales commissions Variable administrative expense Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 23,000 units? b. What is the total indirect manufacturing cost incurred to make 23,000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 23,000 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department?

[The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 21,000 to 25,000 units. When it produces and sells 23,000 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 Average Cost per Unit $ 8.10 $ 5.10 $ 2.60 $ 6.10 $ 4.60 $ 3.60 $ 2.10 $ 1.60 Sales commissions Variable administrative expense Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 23,000 units? b. What is the total indirect manufacturing cost incurred to make 23,000 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 23,000 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department?

Name: Required informationRequired 1Required 2Required 33. Assume the cost
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Description: Required informationRequired 1Required 2Required 33. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent$82,800 of its total fixed selling expense on advertising and the remainder of the

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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