are the necessary equations to solve 3 & 4? Transcribed Image Text: Kubin Company’s relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units,

are the necessary equations to solve 3 & 4? Transcribed Image Text: Kubin Company’s relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs
per unit are as follows:
Average
Cost per
Unit
$ 8.20
$ 5.20
$ 2.70
$ 6.20
$ 4.70
$ 3.70
$ 2.20
$ 1.70
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Fixed selling expense
Fixed administrative expense
Sales commissions
Variable administrative expense
Required:
1. For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units?
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 24,500 units?
3. For financial accounting purposes, what is the total amount of product costs incurred to make 27,000 units?
4. For financial accounting purposes, what is the total amount of period costs incurred to sell 22,000 units?

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