! 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 1 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 $ 5.70 $.3.20 Total variable cost $ 1.60 $ 4.00 $ 2.70 $ 2.10 $1.10. $ 0.55 6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced ar round intermediate calculations.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 1
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
$5.70
$.3.20
Total variable cost
$ 1.60
$ 4.00
$ 2.70
$ 2.10
$1.10.
$ 0.55
6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced ar
round intermediate calculations.)
Transcribed Image Text:! 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 1 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 $5.70 $.3.20 Total variable cost $ 1.60 $ 4.00 $ 2.70 $ 2.10 $1.10. $ 0.55 6. If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced ar round intermediate calculations.)
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