Required informetion [The following information applies to the questions displayed below] Martinez Company's relevant range of production is 9,500 units to 14,500 units. When it produces and sells 12,000 units, its unit costs are as follows: Amount Per Unit $5.00 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $2.50 $1.40 $3.00 $2.00 $2.20 $1.20 $0.45 4. If 12.000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)

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 9,500 units to 14,500 units. When it produces and sells 12,000 units,
its unit costs are as follows:
Amount
Per Unit
Direct materials
$5.00
$2.50
$1.40
$3.00
$2.00
$2.20
$1.20
Direct labour
Variable manufacturing overhead
Fixed manufacturing overhead
Fixed selling expense
Fixed administrative expense
Sales commissions
Variable administrative expense
$0.45
4. If 12,000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)
Variable cost per unit sold
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 9,500 units to 14,500 units. When it produces and sells 12,000 units, its unit costs are as follows: Amount Per Unit Direct materials $5.00 $2.50 $1.40 $3.00 $2.00 $2.20 $1.20 Direct labour Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $0.45 4. If 12,000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.) Variable cost per unit sold
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