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Musya8 [376]
4 years ago
12

Materials purchases (on credit). Direct materials used in production. Direct labor paid and assigned to Work in Process Inventor

y. Indirect labor paid and assigned to Factory Overhead. Overhead costs applied to Work in Process Inventory. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) Transfer of Jobs 306 and 307 to Finished Goods Inventory. Cost of goods sold for Job 306. Revenue from the sale of Job 306. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.)
Prepare journal entries for the month of April to record the above transactions.
Business
1 answer:
natita [175]4 years ago
8 0

Answer:

305 direct

Explanation:Math

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For financial accounting purposes, what is the total amount of period costs incurred to sell 30,000 units?
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This question is not incomplete find below the question:

Kubin Company’s relevant range of production is 30,000 to 35,000 units. When it produces and sells 32,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50

Required:For financial accounting purposes, what is the total amount of period costs incurred to sell 30,000 units? (For all requirements, do not round intermediate calculations.)

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Explanation

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