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Dobosh Corporation has provided the following information: Required:
a.For financial reporting purposes, what is the total amount of product costs incurred to make 9,000 units?
b.For financial reporting purposes, what is the total amount of period costs incurred to sell 9,000 units?
c.If 10,000 units are sold, what is the variable cost per unit sold?
d.If 10,000 units are sold, what is the total amount of variable costs related to the units sold?
e.If 10,000 units are produced, what is the total amount of manufacturing overhead cost incurred?
f.If the selling price is $21.60 per unit, what is the contribution margin per unit sold?
g.If 8,000 units are produced, what is the total amount of direct manufacturing cost incurred?
h.If 8,000 units are produced, what is the total amount of indirect manufacturing costs incurred?
i.What incremental manufacturing cost will the company incur if it increases production from 9,000 to 9,001 units?
Missionary Selling
A sales technique where the seller promotes their product by educating the customer on its benefits, often without directly pushing for a sale.
Intangible Products
Products that are not physical in nature, such as software, entertainment, or services, offering value through non-physical means.
Insurance
Contract by which the insurer for a fee agrees to reimburse the insured a sum of money if a loss occurs.
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