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[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 7,500 units to 12,500 units. When it produces and
[The following information applies to the questions displayed below.]
Martinez Companys 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 | $ 5.60 |
Direct labor | $ 3.10 |
Variable manufacturing overhead | $ 1.40 |
Fixed manufacturing overhead | $ 4.00 |
Fixed selling expense | $ 2.60 |
Fixed administrative expense | $ 2.20 |
Sales commissions | $ 1.20 |
Variable administrative expense | $ 0.45 |
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.)
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