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Steps to obtain the answer Required information [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units
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Required information [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 $ 5.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhcad Fixed selling expense Fixed administrative expense $ 4.00 2.10 I.IO o.55 Sales commissions Variable administrative expense 13. If the selling price is $21.40 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution margin per 9.85 unitStep by Step Solution
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