Question

Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] The following information applies to the


Required information The Foundational 15 (LO1-1, LO1-2. LO1-3, LO1-4, LO1-5, LO1-6] The following information applies to the

please explain step by step

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Required 8:

Average fixed manufacturing cost per unit at 12,500 units = [(Fixed manufacturing overhead per unit * 10,000) / 12,500]

= [($4 * 10,000) / 12,500]

= $40,000/ 12,500

= $3.20

Required 10:

Total fixed manufacturing overhead = 10,000 * $4 = $40,000.

Because, Total fixed manufacturing cost will remain same at all production level.

Add a comment
Know the answer?
Add Answer to:
please explain step by step Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6]...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) The following information applies to...

    Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) 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 Comissions Variable asinistrative expense 55.00 $3.50 51.se $4.00 53.ee 52.ee 51.ee se.se Foundational...

  • please explain step by step Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6]...

    please explain step by step Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 comissions Variable administrative sense Average Cost per Unit $6.00 $3.50 $1.50...

  • Required information The Foundational 15 (LO1-1, LO1-2. LO1-3, LO1-4, LO1-5. LO1-6] The following information applies to...

    Required information The Foundational 15 (LO1-1, LO1-2. LO1-3, LO1-4, LO1-5. LO1-6] 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 comissions Variable administrative expense Average Cost per Unit $6. $3.50 $1.52 $4.00 $1, $2.00 $1.00 $8.50...

  • Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) The following information applies to...

    Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) 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 $6.ee Direct labor $3.50 Variable sanufacturing overhead $1.5e Fixed manufacturing overhead $4.00 Fixed selling expense $3.00 Fixed administrative expense Sales commissions $1.00 Variable administrative expense $e.se Foundational...

  • Sa Saved Help Required information The Foundational 15 (LO1-1, L01-2, LO1-3, LO1-4, LO1-5, LO1-6) [The following...

    Sa Saved Help Required information The Foundational 15 (LO1-1, L01-2, LO1-3, LO1-4, LO1-5, LO1-6) [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: 15 ped 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 $6.00 $3.50 $1.50...

  • Required information The Foundational 15 (L01-1, L01-2, LO1-3, L01-4, LO1-5, LO1-6) [The following information applies to...

    Required information The Foundational 15 (L01-1, L01-2, LO1-3, L01-4, LO1-5, LO1-6) [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 Pixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50...

  • Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to...

    Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 $6.30 $3.80 $1.50 $4.00 $3.30 $2.00 $1.00 $0.50...

  • Required information The Foundational 15 (L01-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) [The following information applies to...

    Required information The Foundational 15 (L01-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) [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 $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50...

  • Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to...

    Required information The Foundational 15 (LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.ee $0.50...

  • The Foundational 15 (L01-1, L01-2, L01-3, L01-4, L01-5, LO1-6] (The following information applies to the questions...

    The Foundational 15 (L01-1, L01-2, L01-3, L01-4, L01-5, LO1-6] (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 comissions Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 es Foundational...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT