Variable cost per unit
The Variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead + Sales commission + Variable administrative expenses
= $6.70 per unit + $4.20 per unit + $1.40 per unit + $1.10 per unit + $0.55 per unit
= $13.95 per unit
Total Variable Costs
Therefore, the Total Variable Costs = Number of units produced and sold x The Variable cost per unit
= 8,000 units x $13.95 per unit
= $111,600
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...
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: Direct materials Direct labor. Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales comissions Variable administrative expense Average Cost per Unit $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 15. What incremental manufacturing cost will Martinez incurrit increases...
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 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: 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: 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: 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 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...
Check my work 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 Direet labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Coat per Unit $6.70 $ 4.20 $1.40 $4.00 $ 3.70 $ 2.10 $1.10 $0.55 6. If 12,500...