Myklebust Corporation's relevant range of activity is 4,000 units to 8,000 units.When it produces and sells 6,000 units,its average costs per unit are as follows:
Required:
a.For financial reporting purposes,what is the total amount of product costs incurred to make 6,000 units?
b.For financial reporting purposes,what is the total amount of period costs incurred to sell 6,000 units?
c.If the selling price is $20.20 per unit,what is the contribution margin per unit sold?
d.If 7,000 units are produced,what is the total amount of direct manufacturing cost incurred?
e.If 7,000 units are produced,what is the total amount of indirect manufacturing cost incurred?
f.What incremental manufacturing cost will the company incur if it increases production from 6,000 to 6,001 units?
Definitions:
Negative Stimuli
Elements or conditions in the environment that cause stress or discomfort, prompting a reaction to avoid or diminish them.
Aversive Stimuli
Unpleasant or harmful stimuli that an organism seeks to avoid or escape.
Primary Reinforcer
A reinforcer that is innately satisfying; one that does not take any learning on the organism’s part to make it pleasurable.
Praise
Expression of approval, commendation, or admiration directed at an individual or group.
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