The Foundational 15 (Static) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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: Average Cost per Unit $ 6.00 $ 3.50 $ 1.50 $ 4.00 $ 3.00 $ 2.00 $ 1.00 $ 0.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Foundational 1-12 (Static) 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.) Total manufacturing overhead cost $ 40,000 X Manufacturing overhead per unit $ 3.20 X
The Foundational 15 (Static) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] [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: Average Cost per Unit $ 6.00 $ 3.50 $ 1.50 $ 4.00 $ 3.00 $ 2.00 $ 1.00 $ 0.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Foundational 1-12 (Static) 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.) Total manufacturing overhead cost $ 40,000 X Manufacturing overhead per unit $ 3.20 X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer complete
![Required information
The Foundational 15 (Static) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6]
[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:
Average Cost
per Unit
$ 6.00
$ 3.50
$ 1.50
$ 4.00
$ 3.00
$ 2.00
$ 1.00
$ 0.50
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Fixed selling expense
Fixed administrative expense
Sales commissions
Variable administrative expense
Foundational 1-12 (Static)
12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?
What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.)
Total manufacturing overhead cost
$ 40.000 X
Manufacturing overhead per unit
3.20 X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb26c1071-7c96-4aac-b283-dd50334d00f0%2F83489885-f64e-453a-a2ba-00ece19aa909%2Ftp4ukzh_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
The Foundational 15 (Static) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6]
[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:
Average Cost
per Unit
$ 6.00
$ 3.50
$ 1.50
$ 4.00
$ 3.00
$ 2.00
$ 1.00
$ 0.50
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Fixed selling expense
Fixed administrative expense
Sales commissions
Variable administrative expense
Foundational 1-12 (Static)
12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?
What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.)
Total manufacturing overhead cost
$ 40.000 X
Manufacturing overhead per unit
3.20 X
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