14) | |
Particulars | Cost per Unit (in $ ) |
Direct materials | $ 6 |
Direct labor | $ 3.50 |
Total Cost per unit | $ 9.50 |
x Units produced | 11,000 units |
Total Direct manufacturing cost | $ 104,500 |
Particulars | Cost per Unit (in $ ) |
Variable Manufacturing overhead | $ 1.45 |
x Units produced | 11,000 units |
Total Variable manufacturing overhead cost | $16,500 |
Add: Fixed manufacturing
overhead ( 4 x 10,000 Units ) |
$ 40,000 |
Total indirect manufacturing costs | $ 56,500 |
12) | |
Particulars | Cost per Unit (in $ ) |
Variable Manufacturing overhead per unit | $ 1.50 |
Add: Fixed manufacturing overhead per
unit ( $ 40,000 / 12,500 units ) |
$ 3.20 |
Manufacturing Cost per Unit | $ 4.70 |
Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and...
. 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 Foundational 1-15 15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units?...
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 se.se Foundational 1-12 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support...
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 $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 50.50 Foundational 1-11 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support...
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.se Foundational 1-9 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support...
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 50.50 Foundational 1-3 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold?...
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 administrative expense Unit $6.00 $3.5e $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-13 13. If the selling price is $22 per unit, what is the contribution margin per unit? (Do not...
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 Foundational 1-2 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?...
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 $6.00 $3.50 $1.50 $4.08 $3.00 $2.00 $1.00 $8.50 Foundational 1-11 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support...
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 $ 6.00 Direct labor $ 3.50 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.00 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Foundational 1-13 13. If the selling price is $22 per unit, what...
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 54.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-10 10. If 12.500 units are produced, what is the total amount of fixed manufacturing cost incurred to support...