Question
In: Accounting
axbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and...
axbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,200 units, its average costs per unit are as follows:
| Average Cost per Unit |
|||
| Direct materials | $ | 5.10 | |
| Direct labor | $ | 3.45 | |
| Variable manufacturing overhead | $ | 1.40 | |
| Fixed manufacturing overhead | $ | 3.50 | |
| Fixed selling expense | $ | 0.60 | |
| Fixed administrative expense | $ | 0.45 | |
| Sales commissions | $ | 0.35 | |
| Variable administrative expense | $ | 0.35 | |
Required:
a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,200 units?
b. For financial reporting purposes, what is the total amount of period costs incurred to sell 5,200 units?
c. If 6,200 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.)
d. If 6,200 units are sold, what is the total amount of variable costs related to the units sold?
e. If 6,200 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2 decimal places.)
f. If 6,200 units are produced, what is the total amount of fixed manufacturing cost incurred?
g. If 6,200 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 $22.60 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.)
i. If 4,200 units are produced, what is the total amount of direct manufacturing cost incurred?
j. If 4,200 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 5,200 to 5,201 units? (Round "Per unit" answer to 2 decimal places.)
|
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and...
Saxbury Corporation's relevant range of activity is 3,000 units
to 7,000 units. When it produces and sells 4,500 units, its average
costs per unit are as follows: Average Cost per Unit Direct
materials $ 6.30 Direct labor $ 3.20 Variable manufacturing
overhead $ 1.90 Fixed manufacturing overhead $ 3.90 Fixed selling
expense $ 0.85 Fixed administrative expense $ 0.70 Sales
commissions $ 0.60 Variable administrative expense $ 0.60
Required:
a. If 5,500 units are sold, what is the variable cost...
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and...
Saxbury Corporation's relevant range of activity is 3,000 units
to 7,000 units. When it produces and sells 4,600 units, its average
costs per unit are as follows:
Average
Cost per Unit
Direct materials
$
6.20
Direct labor
$
3.20
Variable manufacturing overhead
$
1.80
Fixed manufacturing overhead
$
4.20
Fixed selling expense
$
0.80
Fixed administrative expense
$
0.65
Sales commissions
$
0.55
Variable administrative expense
$
0.55
Required:
a. If 5,600 units are sold, what is the variable cost...
axbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and...
axbury Corporation's relevant range of activity is 3,000 units
to 7,000 units. When it produces and sells 5,700 units, its average
costs per unit are as follows:
Average
Cost per Unit
Direct materials
$
5.60
Direct labor
$
3.70
Variable manufacturing overhead
$
1.90
Fixed manufacturing overhead
$
3.80
Fixed selling expense
$
0.85
Fixed administrative expense
$
0.70
Sales commissions
$
0.60
Variable administrative expense
$
0.60
Required:
a. For financial reporting purposes, what is the total amount of...
8. Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces...
8. Saxbury Corporation's relevant range of activity is 3,000
units to 7,000 units. When it produces and sells 4,300 units, its
average costs per unit are as follows:
Average
Cost per Unit
Direct materials
$
6.50
Direct labor
$
3.20
Variable manufacturing overhead
$
1.30
Fixed manufacturing overhead
$
3.40
Fixed selling expense
$
0.60
Fixed administrative expense
$
0.45
Sales commissions
$
0.35
Variable administrative expense
$
0.35
Required:
a. For financial reporting purposes, what is the total amount...
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,800 units, its average costs per unit are as follows:
Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 4,800 units, its average costs per unit are as follows:
AverageCost per Unit
Direct materials
$
6.00
Direct labor
$
3.90
Variable manufacturing overhead
$
1.60
Fixed manufacturing overhead
$
4.50
Fixed selling expense
$
0.70
Fixed administrative expense
$
0.55
Sales commissions
$
0.45
Variable administrative expense
$
0.45
Required:
a....
Dake Corporation's relevant range of activity is 2,000 units to 5,000 units. When it produces and...
Dake Corporation's relevant range of activity is 2,000 units to
5,000 units. When it produces and sells 3,500 units, its average
costs per unit are as follows:
Average Cost per Unit
Direct materials
$
6.75
Direct labor
$
3.90
Variable manufacturing overhead
$
1.50
Fixed manufacturing overhead
$
4.00
Fixed selling expense
$
1.10
Fixed administrative expense
$
0.80
Sales commissions
$
0.90
Variable administrative expense
$
0.80
For financial reporting purposes, the total amount of product
costs incurred to...
Kurt Corporation's relevant range of activity is 4,900 units to 5,500 units. When it produces and...
Kurt Corporation's relevant range of activity is 4,900 units to
5,500 units. When it produces and sells 5,200 units, its average
costs per unit are as follows:
Average Cost per Unit
Direct materials
$
6.50
Direct labor
$
3.70
Variable manufacturing overhead
$
2.10
Fixed manufacturing overhead
$
3.00
Fixed selling expense
$
1.00
Fixed administrative expense
$
0.70
Sales commissions
$
0.80
Variable administrative expense
$
0.70
If 4,200 units are produced, the total amount of indirect
manufacturing cost...
Balerio Corporation's relevant range of activity is 9,000 units to 13,000 units. When it produces and...
Balerio Corporation's relevant range of activity is 9,000 units
to 13,000 units. When it produces and sells 11,000 units, its
average costs per unit are as follows:
Average Cost per Unit
Direct materials
$
6.70
Direct labor
$
3.30
Variable manufacturing overhead
$
1.60
Fixed manufacturing overhead
$
13.50
Fixed selling expense
$
2.35
Fixed administrative expense
$
1.90
Sales commissions
$
0.40
Variable administrative expense
$
0.30
Required:
a. For financial reporting purposes, what is the total amount of...
Salem Corporation's relevant range of activity is 5,000 units to 8,000 units. When it produces and...
Salem Corporation's relevant range of activity is 5,000 units to
8,000 units. When it produces and sells 6,000 units, its average
costs per unit are as follows:
Average Cost per Unit
Direct materials
$6.55
Direct labor
$4.00
Variable manufacturing overhead
$2.30
Fixed manufacturing overhead
$5.20
Fixed selling expense
$1.35
Fixed administrative expense
$1.40
Sales commissions
$2.30
Variable administrative expense
$1.45
1- For financial reporting purposes, what is the total amount of
product costs incurred to make 6,000 units?
2- For...
Pennyback Corporation's relevant range of activity is 4,000 units to 8,000 units. When it produces and...
Pennyback Corporation's relevant range of activity is 4,000
units to 8,000 units. When it produces and sells 6,000 units, its
average costs per unit are as follows:
Average Cost per Unit
Direct materials
$6.40
Direct labor
$3.80
Variable manufacturing overhead
$1.60
Fixed manufacturing overhead
$3.00
Fixed selling expense
$0.75
Fixed administrative expense
$0.60
Sales commissions
$1.50
Variable administrative expense
$0.45
Required
For financial reporting purposes, what
is the total amount of product costs incurred to make 6,000
units?
For financial...
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