Question

1) For financial accounting purposes, what is the total amount of product costs incurred to make 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: 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

2) For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?

3)  If 8,000 units are produced and sold, what is the variable cost per unit produced and sold?

4)  If 12,500 units are produced and sold, what is the variable cost per unit produced and sold?

5)  If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold?

6)   If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold?

7)  If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?

Answer 1