Question
[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 10,700 units to 15,700 units. When it produces and
[The following information applies to the questions displayed below.] Martinez Companys relevant range of production is 10,700 units to 15,700 units. When it produces and sells 13,200 units, its unit costs are as follows: Amount Per Unit Direct materials $ 5.00 Direct labor $ 2.50 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 3.00 Fixed selling expense $ 2.00 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 13,200 units? Total product cost:
For financial accounting purposes, what is the total amount of period costs incurred to sell 13,200 units? Total period cost:
. If 11,200 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) Variable cost per unit sold:
If 15,700 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)
Variable cost per unit sold:
If 11,200 units are produced, what is the average fixed manufacturing cost per unit produced? (Round your answer to 2 decimal places.)
Average fixed manufacturing cost per unit
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