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Required information The Foundational 15 (Algo) [LO1-1. LO1-2, LO1-3, LO1-4, L01-5, L01-6] [ The foiiowing information appiies to the questions displayed below] Martinez Company's relevant
Required information The Foundational 15 (Algo) [LO1-1. LO1-2, LO1-3, LO1-4, L01-5, L01-6] [ The foiiowing information appiies 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 $ 6.56 Direct labor 3 4.89 Variable manufacturing overhead 3 1.66 Fixed manufacturing overhead $ 4.66 Fixed selling expense $ 3.56 Fixed administrative expense $ 2.29 Sales commissions $ 1.26 Variable administrative expense $ 9.45 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.)
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