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 Cont por Unit $6.00 $3.50 $1.50 $4.00 03.00 $2.00 $1.00 $0.50 Foundational 1-1 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10.000 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 Pixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cont per Unit 86.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-2 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.) us 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: eBook rences Direct materials Direct labor Variable manufacturing overhead Pixed manufacturing overhand Fixed selling experien Fixed administrative expense Sales commission Variable administrative expense Cost per Unit $6.00 53.50 $1.50 $6.00 $3.00 $2.00 $1.00 30.50 Foundational 1-3 3.1 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Vasable cost per unit said MacBook 3 $ 4 % 5 & 7 6 8 9 W E R T Y U S D F . J K K 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 over hend Fixed manufacturing overhead Fixed selling expense Pixed administrative expense Sales comissions Variable administrative expense Average Cont per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-4 1. 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.) 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 Pixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-5 5. If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round Intermediate calculations.) 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 materiala Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense ales commissions Variable administrative expense Average Cont per Unit $6.00 $3.50 $1.50 $4.00 $2.00 $2.00 $1.00 0.50 Foundational 1-6 6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round Intermediate calculations.) 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 expenne Sales commission Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-7 7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 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 Pixed manufacturing overhead Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-8 8. If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? (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: 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 $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-10 10. 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 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 $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-11 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places and other answers to t nearest whole dollar amount.) + 12 of 15 Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sels 10,000 units, its average costs per unit are as follows: Average Ook Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Yixed administrative expense les como sons Variable sinistrative expense per Uni $6.00 $3.50 $1.50 $4.00 93.00 02.00 81.00 $0.50 rences Foundational 1-12 12. i 12,500 units are produced, what is the total amount of manufactu overhe cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places and other answers to the nearest whole dollar amount.) Total manufacturing overhead con Manufacturing overhead por unit MacBook Air $ 4 % 5 6 & 7 8 E R T Y O P 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 Pixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Coist per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-13 13. If the selling price is $22 per unit, what is the contribution margin per unit? (Do not round Intermediate calculations. 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: Direct materials Direct labor Variable manufacturing overhead Tixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Coat: per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 $1.00 $0.50 Foundational 1-14 14. If 11,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? (Do not round Intermediate calculations.) 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 communione Variable administrative expense Average Cost per Unit $6.00 $3.50 $1.50 $4.00 $3.00 $2.00 81.00 $0.50 Foundational 1-15 15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units