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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
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 Average fixed manufacturing cost per unit Unit $5.90 $3.40 $1.60 $4.00 $2.90 $2.20 $1.20 $0.45 8. If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)
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