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Kubin Company’s relevant range of production is 21,000 to 25,000 units. When it produces and sells...

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Accounting

Kubin Company’s relevant range of production is 21,000 to 25,000units. When it produces and sells 23,000 units, its average costsper 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. For financial accounting purposes, what is the total amountof product costs incurred to make 23,000 units?

2. For financial accounting purposes, what is the total amountof period costs incurred to sell 23,000 units?

3. For financial accounting purposes, what is the total amountof product costs incurred to make 25,000 units?

4. For financial accounting purposes, what is the total amountof period costs incurred to sell 21,000 units?

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