[The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is...
| [The following information applies to the questions displayed below.] |
|
Martinez Company’s relevant range of production is 8,900 units to 13,900 units. When it produces and sells 11,400 units, its unit costs are as follows: |
| Amount Per Unit |
|||
| Direct materials | $ | 6.70 | |
| Direct labor | $ | 4.20 | |
| Variable manufacturing overhead | $ | 1.40 | |
| Fixed manufacturing overhead | $ | 4.70 | |
| Fixed selling expense | $ | 3.70 | |
| Fixed administrative expense | $ | 2.10 | |
| Sales commissions | $ | 1.10 | |
| Variable administrative expense | $ | 0.55 | |
| If 13,900 units are sold, what is the total amount of variable costs related to the units sold? |
Homework Answers
Variable cost per unit = $6.70 + $4.20 + $1.40 + $0.55 = $12.85
Total amount of variable costs @13,900 units = 13,900 units × $12.85 = $178,615
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Required information [The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 5. If 8,000 units are produced and sold,...
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Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $4.20 $1.40 $4.00 $ 3.70 $2.10 $1.10 $0.55 10. If 12,500 units are produced, what is...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Tixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 9. If 8,000 units are produced, what is the...
Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of...
Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 3. If 8,000 units are produced and sold,...
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Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor $6.70 $4.20 $1.40 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $4.00 $3.70 $2.10 $1.10 $0.55 Required: 1. For financial accounting purposes, what is the...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Tixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 7. If 8,000 units are produced, what is...
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Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Direct materials Direct labor. Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $ 3.70 $2.10 $1.10 $0.55 8. If 12,500 units are produced, what is...
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Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 11. If 8,000 units are produced, what is the...
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Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor $6.70 $4.20 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comminsions Variable administrative expense $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 2. For financial accounting purposes, what is the total...
Required information [The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 5. If 8,000 units are produced and sold,...
Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $4.20 $1.40 $4.00 $ 3.70 $2.10 $1.10 $0.55 10. If 12,500 units are produced, what is...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Tixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 9. If 8,000 units are produced, what is the...
Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 3. If 8,000 units are produced and sold,...
Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor $6.70 $4.20 $1.40 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $4.00 $3.70 $2.10 $1.10 $0.55 Required: 1. For financial accounting purposes, what is the...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Tixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 7. If 8,000 units are produced, what is...
Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Direct materials Direct labor. Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Unit $6.70 $ 4.20 $1.40 $4.00 $ 3.70 $2.10 $1.10 $0.55 8. If 12,500 units are produced, what is...
Required information [The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 14. If 12,000 units are produced, what are the...
Required information (The following information applies to the questions displayed below.) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 11. If 8,000 units are produced, what is the...
Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor $6.70 $4.20 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comminsions Variable administrative expense $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 2. For financial accounting purposes, what is the total...
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