An investment’s capital gain or loss is an important component of its yield. read each statement about capital gains and indicate whether it is true or false. statement true false a capital gain results when the ending (sale) price is greater than the beginning (purchase) price. a capital gain decreases an investor’s yield. a capital gain of $345 means that an asset’s value has decreased by $345 since it was acquired. a negative capital gain, called a capital loss, results when the value of an investment decreases over the period it is held.

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?