Martinez Company’s relevant range of production is 7,500 unitsto 12,500 units. When it produces and sells 10,000 units, itsaverage costs per unit are as follows:
1.) 1. For financial accounting purposes, what is the totalamount of product costs incurred to make 10,000units? (Do not round intermediatecalculations.)
2.) For financial accounting purposes,what is the total amount of period costs incurred to sell 10,000units? (Do not round intermediatecalculations.)
3.) If 8,000 units are produced and sold,what is the variable cost per unit produced andsold? (Round your answer to 2 decimalplaces.)
4.) If 12,500 units are produced and sold,what is the variable cost per unit produced andsold? (Round your answer to 2 decimalplaces.)
5.) If 8,000 units are produced and sold,what is the total amount of variable costs related to the unitsproduced and sold? (Do not round intermediatecalculations.)
6.) If 12,500 units are produced and sold,what is the total amount of variable costs related to the unitsproduced and sold? (Do not round intermediatecalculations.)
7.) If 8,000 units are produced, what isthe average fixed manufacturing cost per unit produced?
8.) If 12,500 units are produced, what is the average fixedmanufacturing cost per unit produced? (Round youranswer to 2 decimal places.)
9.) If 8,000 units are produced, what isthe total amount of fixed manufacturing cost incurred to supportthis level of production?
10.) If 12,500 units are produced, what is the total amount offixed manufacturing cost incurred to support this level ofproduction?
11.) If 8,000 units are produced, what is the total amountof manufacturing overhead cost incurred to support this level ofproduction? What is this total amount expressed on a per unitbasis? (Round your "per unit" answer to 2 decimalplaces.)
12.) If 12,500 units are produced, what isthe total amount of manufacturing overhead cost incurred to supportthis level of production? What is this total amount expressed on aper unit basis? (Round your "per unit" answer to 2decimal places.)
13.) If the selling price is $22.30 perunit, what is the contribution margin per unit? (Donot round intermediate calculations. Round your answer to 2 decimalplaces.)
14.) If 11,000 units are produced, whatare the total amounts of direct and indirect manufacturing costsincurred to support this level of production? (Do notround intermediate calculations.)
15.) What incremental manufacturing costwill Martinez incur if it increases production from 10,000 to10,001 units? (Round your answer to 2 decimalplaces.)
Any help is greatly appreciated! This is online coursewith no lectures and I am completely lost on this practicequestion. Thank you!
Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units,
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