Question

Saxbury Corporation's relevant range of activity is 3,000 units to 7000 units. When it produces and sells 5,700 u...


Saxbury Corporations relevant range of activity is 3,000 units to 7000 units. When it produces and sells 5,700 units, its av

Saxbury Corporation's relevant range of activity is 3,000 units to 7000 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 $ 3.70 $1.90 $3.80 $.85 $.70 s.60 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 0.60 Required: a. For financlal reporting purposes, what is the total amount of product costs incurred to make 5,700 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 5,700 units? c. If 6,700 units are sold, what is the variable cost per unit sold? (Round "Per unit" answer to 2 decimal places.) d. If 6,700 units are sold, what is the total amount of variable costs related to the units sold? e. If 6,700 units are produced, what is the average fixed manufacturing cost per unit produced? (Round "Per unit" answer to 2 decimal places.) f. If 6,700 units are produced, what is the total amount of fixed manufacturing cost incurred? q. If 6,700 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 $23.10 per unit, what is the contribution margin per unit sold? (Round "Per unit" answer to 2 decimal places.) i. If 4,700 units are produced, what is the total amount of direct manufacturing cost incurred? J If 4,700 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 5,700 to 5,701 units? (Round "Per unit" answer to 2 decimal places.)
0 0
Add a comment Improve this question
✔ Recommended Answer
Answer #1

Sign Up to Unlock the answer FREE

Already have an account? Log in

1) Solution: $85,500

Working:

Direct materials

5.6

Direct labor

3.7

Variable manufacturing overhead

1.9

Variable manufacturing cost per unit

11.2

Total variable manufacturing cost

63840

(5700 units * 11.2)

Total fixed manufacturing overhead cost

21660

(5700 units * 3.8)

Total product (manufacturing) cost

85500

 

2) Solution: $18,425

Working:

Sales commissions

0.6

Variable administrative expense

0.6

Variable selling and administrative expense per unit

1.2

Total variable selling and administrative expense

8040

(6700 units * 1.2)

Total fixed selling and administrative expense

10385

[6700 units * (0.85 + 0.70)]

Total period (nonmanufacturing) cost

18425

 

3) Solution: $12.40

Working:

Direct materials

5.6

Direct labor

3.7

Variable manufacturing overhead

1.9

Sales commissions

0.6

Variable administrative expense

0.6

Variable cost per unit sold

12.4

 

4) Solution: $83,080

Working:

Variable cost per unit sold

12.4

Number of units sold

6700

Total variable costs (6700 units * $12.4)

83080

As per policy, we have to answer the first four parts

Add a comment
Know the answer?
Add Answer to:
Saxbury Corporation's relevant range of activity is 3,000 units to 7000 units. When it produces and sells 5,700 u...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • 16 Saxbury Corporation's relevant range of activity is 3,000 unsts to 7000 unats. When it produces...

    16 Saxbury Corporation's relevant range of activity is 3,000 unsts to 7000 unats. When it produces and sells 4200 unts, its average costs per unit are as follows Varlable manufacturing overhead Fixed selling expense rixed adsinistrative expense Variable odeinistrative expense Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4300 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 4,700 unts? c. It 5.700...

  • Saxbury Corporation's relevant range of actvity is 3,000 units to 7000 units. When it produces and...

    Saxbury Corporation's relevant range of actvity is 3,000 units to 7000 units. When it produces and sells 4 per unit are as follows: Cont pex hit 6.80 s 3.50 1.60 4.00 0.75 0.60 0.50 0.50 Direct naterials Direct labor 0256:22 Variable manufacturing overhead Pixed manufacturing overhead Pixed selling expense Pixed administrative expense Sales commissioas Variable administrative expense Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,000 units? b. For financial reporting...

  • 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 4,800 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 6.00 $ 3.90 $ 1.60 $ 4.50 $ 0.70 $ 0.55 $ 0.45 $ 0.45 Required: a. For financial reporting purposes, what is the total amount of...

  • 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 4,100 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.70 Direct labor $ 3.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 3.80 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.55 Sales commissions $ 0.45 Variable administrative expense $ 0.45 Required: a. For financial reporting purposes, what is the total amount of...

  • 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 4,100 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.70 Direct labor $ 3.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 3.80 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.55 Sales commissions $ 0.45 Variable administrative expense $ 0.45 Required: a. For financial reporting purposes, what is the total amount of...

  • 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 5,800 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 5.70 $ 3.75 $ 2.00 $ 4.10 $0.90 $ 0.75 $ 0.65 $ 0.65 Required: a. For financial reporting purposes, what is the total amount of product...

  • 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 4,800 units, its average costs per unit are as follows Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.90 $1.60 $ 4.50 $0.70 $0.55 $0.45 $0.45 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 4,800 units?...

  • 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 5,400 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 5.30 Direct labor $ 3.55 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.55 Sales commissions $ 0.45 Variable administrative expense $ 0.45 Required: e. If 6,400 units are produced, what is the average fixed...

  • 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 5,400 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 5.30 Direct labor $ 3.55 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.55 Sales commissions $ 0.45 Variable administrative expense $ 0.45 Required: a. For financial reporting purposes, what is the total amount of...

  • 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 5,400 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 5.30 Direct labor $ 3.55 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 0.70 Fixed administrative expense $ 0.55 Sales commissions $ 0.45 Variable administrative expense $ 0.45 Required: f. If 6,400 units are produced, what is the total amount...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
Active Questions
ADVERTISEMENT