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Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows:
Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and
sells 11,000 units, its unit costs are as follows:
Amount
Per Unit
Direct materials $5.70
Direct labor $3.20
Variable manufacturing overhead $1.60
Fixed manufacturing overhead $3.70
Fixed selling expense $2.70
Fixed administrative expense $2.10
Sales commissions $1.10
Variable administrative expense $0.55
1.For financial accounting purposes, what is the total amount of product costs incurred to make 11,000units
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