Average Cost per Unit Direct materials$9

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:

1. For financial accounting purposes, what is the total amount of product costs incurred to make 32,500 units?

2. For financial accounting purposes, what is the total amount of period costs incurred to sell 32,500 units?

3. For financial accounting purposes, what is the total amount of product costs incurred to make 35,000 units?

4. For financial accounting purposes, what is the total amount of period costs incurred to sell 30,000 units?