Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range...
70.2K
Verified Solution
Question
Accounting
Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 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 $ 9.00 $ 6.00 $ 3.50 $ 7.00 $5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 32,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? Required 1 Required 2 Required 3 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $146,250 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 32,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 32,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below.
Required information [The following information applies to the questions displayed below] Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its overage costs per unit are as follows: Required: 1. Assume the cost object is units of production: o. What is the total direct manufocturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? 2. Assume the cost object is the Monufacturing Department and that its total output is 32.500 units. o. How much totol manufacturing cost is directly traceable to the Manufacturing Department? b. How much totol manufacturing cost is an indirect cost that cannot be easily troced to the Manufacturing Department? 3. Assume the cost object is the company's various soles representotives. Furthermore. assume that the company spent $146.250 of its totol fixed selling expense on advertising ond the remaincer of the totol fixed selling expense comprised the fixed portion of the compony's sales representotives compensation. a. When the company sells 32,500 units, what is the total direct seling expense that can be readily traced to individual soles representatives? b. When the company sells 32.500 units. what is the total indirect selling expense that connot be readily traced to individual saies representotives? Complete this question by entering your answers in the tabs below. 1. Required information b. When the company sells 32,500 units, what is the total indirect selling expense that cannot be readlly trac representatives? Complete this question by entering your answers in the tabs below. 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? Note: For all the requirements, round per unit values to 2 decimal places
Required information [The following information applies to the questions displayed below.] Kubin Company's relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 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 $ 9.00 $ 6.00 $ 3.50 $ 7.00 $5.50 $ 4.50 $ 3.00 $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 32,500 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? Required 1 Required 2 Required 3 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $146,250 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 32,500 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 32,500 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below.


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.