Acme corporation saw an opportunity in the electric car industry. the company had studied major electric car brands such as the chevrolet volt and the nissan leaf. it believed it could avoid many of the challenges these companies had encountered with a new technology that would reduce costs. acme also knew from watching competitors that it would have to work hard to convince skeptics that the electric car was a viable and dependable method to get around. by avoiding these mistakes and using its technology, acme quickly gained market share once it began launching its vehicles. what type of advantage did acme have?

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?