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Required information Skip to question [The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 9,500 units to 14,500
Required information
Skip to question
[The following information applies to the questions displayed below.]
Martinez Companys relevant range of production is 9,500 units to 14,500 units. When it produces and sells 12,000 units, its unit costs are as follows:
Amount Per Unit | |||
Direct materials | $ | 6.50 | |
Direct labour | $ | 4.00 | |
Variable manufacturing overhead | $ | 1.60 | |
Fixed manufacturing overhead | $ | 4.50 | |
Fixed selling expense | $ | 3.50 | |
Fixed administrative expense | $ | 2.20 | |
Sales commissions | $ | 1.20 | |
Variable administrative expense | $ | 0.45 | |
8. If 12,000 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)
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