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[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 9,500 units to 14,500 units. When it produces and
[The following information applies to the questions displayed below.] |
Martinez Companys relevant range of production is 9,500 units to 14,500 units. When it produces and sells 12,000 units, its unit costs are as follows: |
Amount Per Unit | |||
Direct materials | $ | 6.80 | |
Direct labor | $ | 4.30 | |
Variable manufacturing overhead | $ | 1.60 | |
Fixed manufacturing overhead | $ | 4.80 | |
Fixed selling expense | $ | 3.80 | |
Fixed administrative expense | $ | 2.20 | |
Sales commissions | $ | 1.20 | |
Variable administrative expense | $ | 0.45 | |
For financial accounting purposes, what is the total amount of product costs incurred to make 12,000 units? |
For financial accounting purposes, what is the total amount of period costs incurred to sell 12,000 units?
If 10,000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)
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