Martinez company's relevant range of production is 8,900 units to 13,900 units when it produces and sells 11,400 units its unit cost are as follows: Direct material Direct labor 6.70 4.20 Variable manufacturing overhead 1.40 Fixed manufacturing overhead 4.70 Fixed administrative expenses 3.70 Sales commission 2.10 Variable administrative expense 0.55 What is the total amount of product costs incurred to make 11,400 units?
Martinez company's relevant range of production is 8,900 units to 13,900 units when it produces and sells 11,400 units its unit cost are as follows: Direct material Direct labor 6.70 4.20 Variable manufacturing overhead 1.40 Fixed manufacturing overhead 4.70 Fixed administrative expenses 3.70 Sales commission 2.10 Variable administrative expense 0.55 What is the total amount of product costs incurred to make 11,400 units?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Martinez company's relevant range of production is 8,900 units to
13,900 units when it produces and sells 11,400 units its unit cost are as
follows:
Direct material
Direct labor
6.70
4.20
Variable manufacturing overhead 1.40
Fixed manufacturing overhead
4.70
Fixed administrative expenses
3.70
Sales commission
2.10
Variable administrative expense
0.55
What is the total amount of product costs incurred to make 11,400
units?
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