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Kubin Companys relevant range of production is 10,000 to 12,000 units. When it produces and...

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Accounting

Kubin Companys relevant range of production is 10,000 to 12,000 units. When it produces and sells 11,000 units, its average costs per unit are as follows:

Average Cost per Unit

Direct materials $7.10

Direct labor$4.10

Variable manufacturing overhead$1.60

Fixed manufacturing overhead$5.10

Fixed selling expense$3.60

Fixed administrative expense$2.60

Sales commissions$1.10

Variable administrative expense$0.60

Required:

1. For financial accounting purposes, what is the total amount of product costs incurred to make 11,000 units?

2. For financial accounting purposes, what is the total amount of period costs incurred to sell 11,000 units?

3. For financial accounting purposes, what is the total amount of product costs incurred to make 12,000 units?

4. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?

(For all requirements, do not round intermediate calculations.)

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