[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 | $ | 5.10 | |
Direct labor | $ | 2.60 | |
Variable manufacturing overhead | $ | 1.60 | |
Fixed manufacturing overhead | $ | 4.00 | |
Fixed selling expense | $ | 2.10 | |
Fixed administrative expense | $ | 2.10 | |
Sales commissions | $ | 1.10 | |
Variable administrative expense | $ | 0.55 | |
7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?
13. If the selling price is $21.10 per unit, what is the contribution margin per unit?
14. If 12,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production?
[The following information applies to the questions displayed below.] Martinez Company’s relevant range of production 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 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: 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...
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 $5.60 $3.10 $1.40 $4.00 $2.60 $2.20 ş1.20 $0.45 5. If 8,000 units are produced and sold, 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 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...
[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 elling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost Per Unit $5.60 $3.10 $1.40 $4.00 $2.60 $2.20 $1.20 $0.45 8. If 12,500 units are produced, what is the average fixed...
yen1 Saved He O Required information [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: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative 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 3. If 9,000 units are sold, 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 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 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: 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,...