!Required information[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 materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadFixed selling expenseFixed administrative expenseSales commissionsVariable administrative expenseAverageCost PerUnit$ 6.30$ 3.80$ 1.50$ 4.00$ 3.30$ 2.00$ 1.00$ 0.506. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do notround intermediate calculations.)Total variable cost

Variable Costs Cost that fluctuate according on the number of products or services a company…

Answered: pense Sales commissions Variable…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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XYZ Company sells a product for $45 per unit. The cost of one unit is $36. The estimated cost to complete a unit is $8, and the estimated cost to sell is $5. At what amount per unit should the product be reported, applying lower-of-cost-or-net realizable value? 0 37 Ⓒ 49 0 36 O 32
Determine the missing amounts UNIT SELLING PRICE UNIT VARIABLE COSTS UNIT CONTRIBUTION MARGIN CONTRIBUTION MARGIN RATIO $550 $330 (a)$___ (b) ___% $250 (c) $___ $110 (d) ___% (e) $___ (f) $___ $960 40%
Determine the missing amounts. (Round percentages to O decimal places, e.g. 52%.) Unit Selling Price 1. 2. 3. $ Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $610 $325 $920 $ SA eTextbook and Media +A $310 $741 39
Find the missing information Output Fixed Variable Total Costs Costs Cost of (units) Costs per unit stion Company 4000 50000 70000 ? ? A Select one: O a. Total cost 120000 cost per unit 15.5 O b. otal cost 120000 cost per unit 30 O c. Total cost 74000 cost per unit 18.5 O d. Total cost 54000 cost per unit 13.5
You are provided with the following data. I Unit sales 5 Selling price per unit 5 7 8 Variable expenses per unit Fixed expenses Target Profit 9 10 Required: 11 12 13 Contribution margin per unit 14 15 CM ratio 16 Variable expense ratio 17 18 Compute the break-even. 19 20 Break-even in unit sales $ Dagate ssss is $ 80,000 units 70 per unit 28 per unit Compute the CM ratio and variable expense ratio. $ 2,688,000 $ 1,610,000
Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,900 Variable costs $ 3,009 Income $ 490 Less: Sales Variable cost Contribution margin Numerator: Contribution margin $ Fixed Cost 5,900 3,009 $ 2,891 Contribution Margin Ratio Denominator: 1 Contribution Margin $ /Sales $ $ 2,891 / 5,900 490 = 11 Contribution Margin Ratio Contribution margin ratio 49 %
Assume the following (1) selling price per unit-$25, (2) variable expense per unit = $13, (3) unit sales=2,580, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: Multiple Choice $8,540. O $39,500. O $27,580 $5.960.
Calculate the breakeven point and contribution margin. Breakeven point 38,550 units Fixed cost $ 77,100 Contribution margin Selling price per unit $ 5 Variable cost per unit 3
The following information is for Alex Corp: Product X: Revenue Variable Cost Product Y: Revenue Variable Cost Total fixed costs $12.00 $4.50 $25.00 $10.00 $40,500 What is the operating income, assuming actual sales total 120,000 units, and the sales mix is two units of Product X and one unit of Product Y? 1,960,000 1,240,500 1,200,000 1,159,500
A6
Please help me with show all calculation thanku

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pense Sales commissions Variable administrative expense Total variable cost $ 1.00 $ 0.50 6. If 12,500 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.)