Kubin Company’s relevant range of production is 28,000 to 31,500 units. When it produces and sells 29,750 units, its average costs per unit are as follows:    Average Cost per UnitDirect materials $ 8.80Direct labor $ 5.80Variable manufacturing overhead $ 3.30Fixed manufacturing overhead $ 6.80Fixed selling expense $ 5.30Fixed administrative expense $ 4.30Sales commissions $ 2.80Variable administrative expense $ 2.30Required:1. If 28,000 units are produced and sold, what is the variable cost per unit produced and sold?2. If 31,500 units are produced and sold, what is the variable cost per unit produced and sold?3. If 28,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?4. If 31,500 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?5. If 28,000 units are produced, what is the average fixed manufacturing cost per unit produced?6. If 31,500 units are produced, what is the average fixed manufacturing cost per unit produced?7. If 28,000 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production?8. If 31,500 units are produced, what is the total amount of fixed manufacturing overhead incurred to support this level of production? (Round per unit values to 2 decimal places.)

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:   Average Cost per UnitDirect materials $ 6.00Direct labor $ 3.50Variable manufacturing overhead $ 1.50Fixed manufacturing overhead $ 4.00Fixed selling expense $ 3.00Fixed administrative expense $ 2.00Sales commissions $ 1.00Variable administrative expense $ 0.507. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?

A company's flexible budget for the range of 50,000 units to 60,000 units of production showed variable overhead costs of $2 per unit and fixed overhead costs of $99,000. The company incurred total overhead costs of $204,600 while operating at a volume of 55,000 units. The total controllable cost variance is:

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:   Average Cost per UnitDirect materials $ 6.00Direct labor $ 3.50Variable manufacturing overhead $ 1.50Fixed manufacturing overhead $ 4.00Fixed selling expense $ 3.00Fixed administrative expense $ 2.00Sales commissions $ 1.00Variable administrative expense $ 0.5013. If the selling price is $22 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

A company has the following data for the month of July:Production: 1,500 unitsSales: 1,200 unitsSelling price: $25 per unitVariable manufacturing costs: $10 per unitFixed manufacturing costs: $6,000Variable selling and administrative costs: $3 per unit soldFixed selling and administrative costs: $2,000Calculate the closing inventory value using absorption costing.

Required informationSkip to question[The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $80 per unit. The following information pertains to the company’s first year of operations in which it produced 40,000 units and sold 35,000 units.  Variable costs per unit:      Manufacturing:      Direct materials $ 24  Direct labour $ 14  Variable manufacturing overhead $ 2  Variable selling and administrative $ 4  Fixed costs per year:      Fixed manufacturing overhead $ 800,000  Fixed selling and administrative expenses $ 496,000  4. What is the company’s net operating income under variable costing?