#6
Schwiesow Corporation has provided the following information:
Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $ 3.50 Variable manufacturing overhead $ 1.65 Fixed manufacturing overhead $ 11,000 Sales commissions $ 1.00 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 5,500
For financial reporting purposes, the total amount of period costs incurred to sell 5,000 units is closest to:
$5,500
$8,300
$12,500
$7,000
#3
Kesterson Corporation has provided the following information:
Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $ 3.10 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 14,000 Sales commissions $ 1.50 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 4,500
If the selling price is $21.90 per unit, the contribution margin per unit sold is closest to:
$12.60
$9.35
$8.45
$5.65
#1
At a volume of 5,000 units, Pwerson Company incurred $32,000 in factory overhead costs, including $14,000 in fixed costs. If volume increases to 6,000 units and both 5,000 units and 6,000 units are within the relevant range, then the company would expect to incur total factory overhead costs of: (Round intermediate calculations to 2 decimal places.)
Garrison 16e Rechecks 2017-06-28
$21,600
$35,600
$32,000
$18,000
#6
Schwiesow Corporation has provided the following information:
| Cost per Unit | Cost per Period | |||
| Direct materials | $ | 7.05 | ||
| Direct labor | $ | 3.50 | ||
| Variable manufacturing overhead | $ | 1.65 | ||
| Fixed manufacturing overhead | $ | 11,000 | ||
| Sales commissions | $ | 1.00 | ||
| Variable administrative expense | $ | 0.40 | ||
| Fixed selling and administrative expense | $ | 5,500 | ||
For financial reporting purposes, the total amount of period costs incurred to sell 5,000 units is closest to:
$5,500
$8,300
$12,500
$7,000
#3
Kesterson Corporation has provided the following information:
| Cost per Unit | Cost per Period | |||
| Direct materials | $ | 6.20 | ||
| Direct labor | $ | 3.10 | ||
| Variable manufacturing overhead | $ | 1.35 | ||
| Fixed manufacturing overhead | $ | 14,000 | ||
| Sales commissions | $ | 1.50 | ||
| Variable administrative expense | $ | 0.40 | ||
| Fixed selling and administrative expense | $ | 4,500 | ||
If the selling price is $21.90 per unit, the contribution margin per unit sold is closest to:
$12.60
$9.35
$8.45
$5.65
#1
At a volume of 5,000 units, Pwerson Company incurred $32,000 in factory overhead costs, including $14,000 in fixed costs. If volume increases to 6,000 units and both 5,000 units and 6,000 units are within the relevant range, then the company would expect to incur total factory overhead costs of: (Round intermediate calculations to 2 decimal places.)
Garrison 16e Rechecks 2017-06-28
$21,600
$35,600
$32,000
$18,000
Related questions
Kubin Companyâs 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:
| Average Cost per Unit | ||
| Direct materials | $ | 8.10 |
| Direct labor | $ | 5.10 |
| Variable manufacturing overhead | $ | 2.60 |
| Fixed manufacturing overhead | $ | 6.10 |
| Fixed selling expense | $ | 4.60 |
| Fixed administrative expense | $ | 3.60 |
| Sales commissions | $ | 2.10 |
| Variable administrative expense | $ | 1.60 |
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?
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