The Foundational 15 (Algo) (L01-1, L01-2, LO1-3, L01-4, L01-5, LO1-6) The following information applies to the questions

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The Foundational 15 Algo L01 1 L01 2 Lo1 3 L01 4 L01 5 Lo1 6 The Following Information Applies To The Questions 1 (33.97 KiB) Viewed 63 times

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The Foundational 15 (Algo) (L01-1, L01-2, LO1-3, L01-4, L01-5, LO1-6) The following information applies to the questions displayed below) 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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average cost per Unit $6.40 $ 3.00 $ 1.40 $ 4.00 $ 3.40 $ 2.10 $ 1.10 $ 0.55 Foundational 1-1 (Algo) Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? (Do not round intermediate calculations.) Total product cost
Required information The Foundational 15 (Algo) [L01-1, LO1-2, LO1-3, L01-4, LO1-5, LO1-6) [The following information applies to the questions displayed below.) 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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average cost per Unit $ 6.40 $ 3.90 $ 1.40 $ 4.00 $ 3.40 $ 2.10 $ 1.10 $ 0.55 Foundational 1-2 (Algo) 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.) Total penod cost
Required information The Foundational 15 (Algo) (L01-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6) [The following information applies to the questions displayed below) 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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $ 6.40 $ 3.90 $ 1.40 $ 4.00 $ 3.40 $ 2.10 $ 1.10 $ 0.55 Foundational 1-3 (Algo) 3. 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per un sold
[The following information applies to the questions displayed below) 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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing over hend Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average cost per Unit $ 6.40 $ 3.99 $ 1.40 $ 4.00 $ 3.40 $ 2.10 $ 1.10 $ 0.55 Foundational 1-4 (Algo) 4.1f 12,500 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold
The following Information applies to the questions displayed below) 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: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales comissions Variable administrative expense Average cost per Unit $ 6.40 $ 3.90 $ 1.40 $ 4.00 $ 3.40 $ 2.10 $ 1.10 $ 0.55 Foundational 1-5 (Algo) 5. If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round Intermediate calculations.) Total Variable cost