44) based on the preceding information, all of the following are consolidating entries required on december 31, 20x8, to prepare consolidated financial statements, except: a) common stock 50,000 retained earnings 90,000 income from sprout corp. 50,000 dividends declared 20,000 investment in sprout corp. 170,000 b) accounts payable 4,000 accounts receivable 4,000 c) depreciation expense 5,000 income from sprout corp. 5,000 d) buildings and equipment 20,000 accumulated depreciation 10,000 investment in sprout corp. 10,000

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?