Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and...
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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 $ 5.60 Direct labor $ 3.10 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.60 Fixed administrative expense $ 2.20 Sales commissions $ 1.20 Variable administrative expense $ 0.45 Foundational 1-13 (Algo) B. If the selling price is $21.60 per unit, what is the contribution margin per unit? (Do not round intermediate alculations. Round your answer to 2 decimal places.) 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 $ 5.60 Direct labor $ 3.10 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.60 Fixed administrative expense $ 2.20 Sales commissions $ 1.20 Variable administrative expense $ 0.45 Foundational 1-13 (Algo) B. If the selling price is $21.60 per unit, what is the contribution margin per unit? (Do not round intermediate alculations. Round your answer to 2 decimal places.)
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Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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