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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
! 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: Average Cost Per Unit Direct materials $ 5.00 Direct labor 2.50 Variable manufacturing overhead 1.40 Fixed manufacturing overhead $ 4.00 Fixed selling expense 2.00 Fixed administrative expense $ 2.20 Sales commissions $ 1. 20 Variable administrative expense $ 0.45 Foundational 1-7 (Algo) 7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? Average fixed manufacturing cost per unit
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