Question
1. For financial accounting purposes, what is the total amount of product costs incurred to make 12,000 units? 2.For financial accounting purposes, what is the
1. For financial accounting purposes, what is the total amount of product costs incurred to make 12,000 units?
2.For financial accounting purposes, what is the total amount of period costs incurred to sell 12,000 units?
3. If 10,000 units are sold, what is the variable cost per unit sold?
4. If 12,000 units are sold, what is the variable cost per unit sold?
5. If 10,000 units are sold, what is the total amount of variable costs related to the units sold?
6. If 12,000 units are sold, what is the total amount of variable costs related to the units sold?
7. If 10,000 units are produced, what is the average fixed manufacturing cost per unit produced?
8. If 12,000 units are produced, what is the average fixed manufacturing cost per unit produced?
9.If 10,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?
10.If 12,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?
11-a.If 10,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?
11-b. If 10,000 units are produced, What is this total amount of manufacturing overhead cost expressed on a per unit basis?
12-a.If 12,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?
12-b. If 12,000 units are produced, what is this total amount of manufacturing overhead cost expressed on a per unit basis?
13. If the selling price is $21.90 per unit, what is the contribution margin per unit sold?
14-a.If 10,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support this level of production?
14-b.If 10,000 units are produced, what are the total amounts of indirect manufacturing costs incurred to support this level of production?
15. What total incremental cost will Martinez incur if it increases production from 12,000 to 12,001 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 $5.90 $3.40 $1.60 $4.00 $2.90 $2.20 $1.20 $0.45Step by Step Solution
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