Question
[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 8,100 units to 13,100 units. When it produces and
| [The following information applies to the questions displayed below.] |
| Martinez Companys relevant range of production is 8,100 units to 13,100 units. When it produces and sells 10,600 units, its unit costs are as follows: |
| Amount Per Unit | |||
| Direct materials | $ | 6.90 | |
| Direct labor | $ | 4.40 | |
| Variable manufacturing overhead | $ | 1.50 | |
| Fixed manufacturing overhead | $ | 4.90 | |
| Fixed selling expense | $ | 3.90 | |
| Fixed administrative expense | $ | 2.00 | |
| Sales commissions | $ | 1.00 | |
| Variable administrative expense | $ | 0.50 | |
1.
value: 10.00 points
Required information
| Required: | |
| 1. | For financial accounting purposes, what is the total amount of product costs incurred to make 10,600 units? |
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2.
value: 10.00 points
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| 2. | For financial accounting purposes, what is the total amount of period costs incurred to sell 10,600 units? |
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3.
value: 10.00 points
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| 3. | If 8,600 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) |
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4.
value: 10.00 points
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| 4. | If 13,100 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) |
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5.
value: 10.00 points
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| 5. | If 8,600 units are sold, what is the total amount of variable costs related to the units sold? |
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6.
value: 10.00 points
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| 6. | If 13,100 units are sold, what is the total amount of variable costs related to the units sold? |
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7.
value: 10.00 points
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| 7. | If 8,600 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.) |
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8.
value: 10.00 points
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| 8. | If 13,100 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.) |
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9.
value: 10.00 points
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| 9. | If 8,600 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? |
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10.
value: 10.00 points
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| 10. | If 13,100 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? |
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11.
value: 10.00 points
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| 11-a. | If 8,600 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? |
| 11-b. | If 8,600 units are produced, what is the total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.) |
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12.
value: 10.00 points
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| 12-a. | If 13,100 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? |
| 12-b. | If 13,100 units are produced, what is the total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.) |
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13.
value: 10.00 points
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| 13. | If the selling price is $22.90 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.) |
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14.
value: 10.00 points
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| Required: |
| 14-a. | If 11,600 units are produced, what are the total amount of direct manufacturing costs incurred to support this level of production? |
| 14-b. | If 11,600 units are produced, what are the total amount of indirect manufacturing costs incurred to support this level of production? |
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15.
value: 10.00 points
Required information
| 15. | What total incremental cost will Martinez incur if it increases production from 10,600 to 10,601 units? (Round your answer to 2 decimal places.) |
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Introduction To Industrial Energy Efficiency Energy Auditing Energy Management And Policy Issues
Authors: Patrik Thollander, Magnus Karlsson, Patrik Rohdin, Johan Wollin, Jakob Rosenqvist
1st Edition
0128172479, 978-0128172476
