4 Required information The Foundational 15 [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, L01-6] [The following information applies to the questions displayed below.] rt 4 of 15 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 ts Cost Per Unit eBook Direct materials Direct labor $6.70 $4.20 $1.40 $4.00 $3.70 $2.10 $1.10 $0.55 Print Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense ferences Sales commissions Variable administrative expense Foundational 1-4 4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold