Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need belp on these 15 questions foundational 15 questions February 14, 2021 at 5:30 PM Il.) For financial accounting purposes, what is the total amount

need belp on these 15 questions image text in transcribed
image text in transcribed
image text in transcribed
foundational 15 questions
February 14, 2021 at 5:30 PM Il.) For financial accounting purposes, what is the total amount of product cost incurred to make 10,000 units? 2.) For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? 3.) If 8,000 units are sold, what is the variable cost per unit sold? 4.) If 12,500 units are sold, what is the variable cost per unit sold? 5.) If 8,000 units are sold, what is the total amount of variable costs related to the units sold? 6.)If 12,500 units are sold, what is the total amount of variable costs related to the units sold? 7.) If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 8.)If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? 9.) If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 10.)If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 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 the total amount expressed on a per unit basis? 12.) If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is the total amount expressed on a per unit basis? 13.) If selling price is $22 per unit, what is the contribution margin per unit sold? 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? 15.) What total incremental cost will Martinez incur if it increases production from 10,000 to 10, 001 units? [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 sells 10,000 units, its unit costs are as folle Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $5.50 $ 3.00 $ 1.50 $ 3.50 $ 2.50 $ 2.00 $ 100 $ 0.50

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_2

Step: 3

blur-text-image_3

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 And Financial System Reform In Eastern Europe And Asia

Authors: Robert W. McGee, Galina G. Preobragenskaya

2nd Edition

0387257098, 9780387257099

More Books

Students also viewed these Accounting questions

Question

Differentiate between the two types of Hansen's disease.

Answered: 1 week ago