Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Direct Materials - $5.10 Direct Labor - $2.60 Variable manufacturing overhead - $1.60 Fixed manufacturing overhead - $4.00 Fixed selling expense- $2.10 Fixed administrative expense

Direct Materials - $5.10
Direct Labor - $2.60
Variable manufacturing overhead - $1.60
Fixed manufacturing overhead - $4.00
Fixed selling expense- $2.10
Fixed administrative expense - $2.10
Sales commission- $1.10
Variable administrative expense - $0.55
11. Total manufacturing overhead cost and Manufacturing overhead per unit if 8,000 units are sold -
image text in transcribed
12. Total manufacturing overhead cost and Manufacturing overhead per unit if 12,500 units are sold -
image text in transcribed
13. If selling price per unit is $21.10, what is the contribution margin per unit?
image text in transcribed
14. Total direct manufacturing cost and Total indirect manufacturing cost if 12,000 units are sold?
image text in transcribed
15. Incremental manufacturing cost if production increases from 10,000 to 10,001 -
image text in transcribed
Mequired information (The fowlowing informadon apples to the giestiens doptrrod bobow? ts everage costs per unt are as follows. 4. If 8,000 Lnts are produced, what is the totel amount of manufocturng ovehead cost incurred to tupport tha levei of producton? What is this 106al amount expressed on a per unil basis? Note: Round your "per unit" antwer to 2 decimai places. Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12.500 units. When it produces and seils 10.000 units. its average costs per unit are as follows: 12. If 12,500 units are produced, what is the total amount of manufacturing ovechead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? Note: Round your "per unit" answer to 2 decimal places. Required information (The following information apples to the questions dispiayed below) Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells t0,000 units. its average costs per unit are as follows: 13. If the selling price is $2110 per unit, what is the contribution margin per unit? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required information [The foliowing information applies to the questions displayed bolow.] Martinez Compary's relevant range of production is 7,500 units to 12,500 units. When it produces and selis 10,000 units, its average costs per unit are as follows: 14. If 12.000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? Note: Do not round intermediate calculations. Required information (The following information apolies to the questions displayed below] 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: 15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 so 10,001 units? Note: Pound your answer to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for business decision making

Authors: kimmel, weygandt, kieso

4th Edition

978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461

More Books

Students also viewed these Accounting questions

Question

The Medibank Data Hacking Case Case Facts

Answered: 1 week ago