[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 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: |
| Amount Per Unit |
|||
| Direct materials | $ | 6.10 | |
| Direct labor | $ | 3.60 | |
| Variable manufacturing overhead | $ | 1.40 | |
| Fixed manufacturing overhead | $ | 4.10 | |
| Fixed selling expense | $ | 3.10 | |
| Fixed administrative expense | $ | 2.10 | |
| Sales commissions | $ | 1.10 | |
| Variable administrative expense | $ | 0.55 | |
| 2. |
For financial accounting purposes, what is the total amount of period costs incurred to sell 11,000 units? |
Total Period Cost:
(Just need the Answer)
Homework Answers
Period cost per unit
= Fixed selling expenses + Fixed administrative expenses + sales commissions + Variable administrative expenses = 3.10+2.10+1.10+0.55
= 6.85 per unit
Total period cost for 11,000 units
= 6.85 * 11,000
= $75,350
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Please solve and explain:
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administratlve expense Sales commissions Variable administrative expense Amount Per Unit $ 5.10 $2.60 $1.60 $3.10 $ 2.10 $ 2.10 $1.10 0.55
For Financial accounting purposes, what is the total amount of product costs incurred to make 11,000...
For
Financial accounting purposes, what is the total amount of product
costs incurred to make 11,000 units?
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $ 6.10 $3.60 $ 1.40 $ 4.10 $ 3.10 $ 2.10 $ 110 $0.55
Martinez Company's relevant range of production is 8.500 units to 13,500 units. When It produces and...
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Please solve and explain:
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administratlve expense Sales commissions Variable administrative expense Amount Per Unit $ 5.10 $2.60 $1.60 $3.10 $ 2.10 $ 2.10 $1.10 0.55
For
Financial accounting purposes, what is the total amount of product
costs incurred to make 11,000 units?
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $ 6.10 $3.60 $ 1.40 $ 4.10 $ 3.10 $ 2.10 $ 110 $0.55
Martinez Company's relevant range of production is 8.500 units to 13,500 units. When It produces and sells 11.000 units, Its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Vanable administrative expense Amount Per Unit $ 6.10 $3.60 $ 1.40 $ 4.10 $ 3.10 $ 2.10 $ 1.10 $0.55 8. If 13,500 units are produced, what is the average fixed manufacturing cost per unit produced? (Round...
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