Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and...
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Martinez Company's 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 $7.00 Direct labor $ 4.50 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $4.00 Fixed selling expense $4.00 Fixed administrative expense $ 2.10 Sales commissions $1.10 Variable administrative expense $ 0.55 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.) 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? 4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? 5. If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? 6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? 7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 8. If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 10. If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? 13. If the selling price is $23.00 per unit, what is the contribution margin per unit? Martinez Company's 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 $7.00 Direct labor $ 4.50 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $4.00 Fixed selling expense $4.00 Fixed administrative expense $ 2.10 Sales commissions $1.10 Variable administrative expense $ 0.55 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.) 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? 4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? 5. If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? 6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? 7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced? 8. If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced? 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 10. If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? 13. If the selling price is $23.00 per unit, what is the contribution margin per unit?
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Answer rating: 100% (QA)
1 Total amount of product costs incurred to make 10000 units Direct materials 700 x 10000 units 70000 Direct labor 450 x 10000 units 45000 Variable manufacturing overhead 140 x 10000 units 14000 Total ... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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