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tara.harris.9 tara.harris.9
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Asplund Corporation has provided the following information:

Cost per UnitCost per Period
Direct materials$ 6.25
Direct labor$ 2.90
Variable manufacturing overhead$ 1.30
Fixed manufacturing overhead$ 18,000
Sales commissions$ 1.50
Variable administrative expense$ 0.45
Fixed selling and administrative expense$ 7,500

Required:

a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units?

b. For financial reporting purposes, what is the total amount of period costs incurred to sell 5,000 units?

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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jamiecrojamiecro
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