Question
[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 8,900 units to 13,900 units. When it produces and
[The following information applies to the questions displayed below.] |
|
Martinez Companys relevant range of production is 8,900 units to 13,900 units. When it produces and sells 11,400 units, its unit costs are as follows: |
| Amount Per Unit | ||
Direct materials | $ | 6.70 |
|
Direct labor | $ | 4.20 |
|
Variable manufacturing overhead | $ | 1.40 |
|
Fixed manufacturing overhead | $ | 4.70 |
|
Fixed selling expense | $ | 3.70 |
|
Fixed administrative expense | $ | 2.10 |
|
Sales commissions | $ | 1.10 |
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Variable administrative expense | $ | 0.55 |
|
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1.
value: 10.00 points
Required information
Required: | |
1. | For financial accounting purposes, what is the total amount of product costs incurred to make 11,400 units? |
2.
value: 10.00 points
Required information
2. | For financial accounting purposes, what is the total amount of period costs incurred to sell 11,400 units? |
3.
value: 10.00 points
Required information
3. | If 9,400 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) |
4.
value: 10.00 points
Required information
4. | If 13,900 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) |
5.
value: 10.00 points
Required information
5. | If 9,400 units are sold, what is the total amount of variable costs related to the units sold? |
6.
value: 10.00 points
Required information
6. | If 13,900 units are sold, what is the total amount of variable costs related to the units sold? |
7.
value: 10.00 points
Required information
7. | If 9,400 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.) |
8.
value: 10.00 points
Required information
8. | If 13,900 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.) |
9.
value: 10.00 points
Required information
9. | If 9,400 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? |
10.
value: 10.00 points
Required information
10. | If 13,900 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? |
11.
value: 10.00 points
Required information
11-a. | If 9,400 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? |
11-b. | If 9,400 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.) |
12.
value: 10.00 points
Required information
12-a. | If 13,900 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? |
12-b. | If 13,900 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.) |
13.
value: 10.00 points
Required information
13. | If the selling price is $22.70 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.) |
14.
value: 10.00 points
Required information
Required: |
14-a. | If 12,400 units are produced, what are the total amount of direct manufacturing costs incurred to support this level of production? |
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14-b. | If 12,400 units are produced, what are the total amount of indirect manufacturing costs incurred to support this level of production? |
15.
value: 10.00 points
Required information
15. | What total incremental cost will Martinez incur if it increases production from 11,400 to 11,401 units? (Round your answer to 2 decimal places.) |
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