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PLEASE HELP Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayed below] Martinez Company's
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Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1-1 (Algo) Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1-2 (Algo) 2. For financial accounting purposes, whot is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) [The following information applles 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: Foundational 1.3 (Algo) 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1.4 (Algo) 4. 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.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1.5 (Algo) 5. If 8,000 units are produced and sold, what is the total amount of variable costs reiated to the units produced and sold? (Do not round intermediate calculations.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayed below] Martinez Compary'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: Foundational 1-6 (Algo) 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.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1-7 (Algo) 7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1-8 (Algo) 8. If 12,500 units are produced, what is the averoge fixed manufocturing cost per unit produced? (Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1.9 (Algo) 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The foliowing information applies to the questions displayed below] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When is produces and seils 10,000 units. its average costs per unit are as follows: Foundational 1-10 (Algo) 10. If 12,500 units are produced, what is the total amount of fixed manufocturing cost incurred to support this level of production? Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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 average costs per unit are as follows: Foundational 1-11 (Algo) 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.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies to the questions displayod below] Martinez Company's reievant 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: Foundational 1-12 (Algo) 12. If 12,500 units are produced, what is the total amount of manufocturing overhead cost incurred to support this level of production? What is th's total amount expessed on a per unit basis? (Round your "per unit" answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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: Foundational 1-13 (Algo) 13. If the selling price is $22.30 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applles 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: undational 1-14 (Algo) f 1,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of duction? (Do not round intermediate calculations.) Required information The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [The following information applies 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 10,000 units. its average costs per unit are as follows: Foundational 1-15 (Algo) 15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units? (Round your answer to 2 decimal places.) Step by Step Solution
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