FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Pale Manufacturing Company has an expected production level of 175,000 product units in 2020. Fixed factory
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Ph 2.93
Ph 3.02
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- Kubin Company's 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: Amount per Unit $ 7.60 $ 4.60 $ 2.10 $ 5.60 $ 4.10 $ 3.10 $ 1.60 $ 1.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required: 1. If 15,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 19,000 units are produced and sold, what is the variable cost per unit produced and sold? 3. If 15,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 4. If 19,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold? 5. If 15,000 units are produced, what is the average fixed manufacturing cost per unit produced? 6. If 19,000 units are produced,…arrow_forwardSheffield Manufacturing Company collected the following production data for the past month: Units Total Produced Cost 1600 $70500 1290 62130 1460 73000 1100 55000 If the high-low method is used, what is the monthly total cost equation? O Total cost - $0 + $50/unit O Total cost - $15400 + $36/unit O Total cost - $20900 + $31/unit O Total cost -$25300 + $27/unitarrow_forwardPlease help mearrow_forward
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