Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces...

90.2K

Verified Solution

Question

Accounting

image
image
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,800 units, its average costs per unit are as follows: Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,800 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 5,800 units? c. If 6,800 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.) d. If 6,800 units are sold, what is the total amount of variable costs related to the units sold? e. If 6,800 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2 decimal places.) f. If 6,800 units are produced, what is the total amount of fixed manufacturing cost incurred? 9. If 6,800 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis? (Round "Per unit" answer to 2 decimal places.) h. If the selling price is $23.20 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.) 1. If 4,800 units are produced, what is the total amount of direct manufacturing cost incurred? 1. If 4,800 units are produced, what is the total amount of indirect manufacturing cost incurred? k. What incremental manufacturing cost will the company incur if it increases production from 5,800 to 5,801 units? (Round "Per unit") answer to 2 decimal places.) \begin{tabular}{|l|} \hline a. Total product cost \\ \hline b. Total period cost \\ \hline c. Variable cost per unit sold \\ \hline d. Total variable costs \\ \hline e. Average fixed manufacturing cost per unit produced \\ \hline f. Total fixed manufacturing overhead cost \\ \hline g. Total manufacturing overhead cost \\ \hline g. Manufacturing overhead per unit \\ \hline h. Contribution margin per unit \\ \hline i. Total direct manufacturing cost \\ \hline j. Total indirect manufacturing cost \\ \hline k. Incremental manufacturing cost \\ \hline \end{tabular}

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students