Question
In: Accounting
martinez company's relevant range of production is 7500 unit to 12500 units. when it products and...
martinez company's relevant range of production is 7500 unit to 12500 units. when it products and sells 10000 units, its average cost unit are as follow:
Ave cost per unit
direct materials $5.40
direct labor 2.90
variable manufacturing overhead 1.60
fixed manufacturing overhead 4.00
fixed selling expenses 2.40
fixed administrative expense 2.10
sales commissions 1.10
variable administrative expense 0.55
If 12500 unit are produced, what is the average fixed manufacturing cost per unit produced? (round your answer to 2 decimal places.)
If 12500 units are produced and sold what is the total amount of variable cost related to the units produced and sold. (do not round intermediate calculations)
If 8000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level production?
Solutions
Expert Solution
| Please hit LIKE button if this helped. For any further explanation, please put your query in comment, will get back to you. | |||||||
| If 12500 unit are produced, what is the average fixed manufacturing cost per unit produced? | |||||||
| Fixed manufacturing overhead | $ 4 Per Unit | at 10,000 Unit Level | |||||
| Hence Total Fixed Manufacturing Cost | $ 4*10,000 | $ 40,000 | |||||
| Per Unit at 12,500 Unit | 40000/12500 | $ 3.20 | |||||
| If 12500 units are produced and sold what is the total amount of variable cost related to the units produced and sold | |||||||
| Variable Cost per Unit: | |||||||
| Per Unit | Total | ||||||
| Direct Material | $ 5.40 | ||||||
| Direct Labor | $ 2.90 | ||||||
| Variable Manufacturing overhead | $ 1.60 | ||||||
| Total Variable Manufacturing Cost | $ 9.90 | $ 123,750.00 | |||||
| Sales Commission | $ 1.10 | ||||||
| Variale Admin Expense | $ 0.55 | ||||||
| Total Variable Non Manu Cost | $ 1.65 | $ 20,625.00 | |||||
| Total Variable Cost | $ 11.55 | $ 144,375.00 | |||||
| If 8000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level production? | |||||||
| Since Fixed manufacturing cost will remain same in total for 7500 units to 12500 units, | |||||||
| Answer is 4*10000 | $ 40,000 | ||||||
ekkarill92 answered 1 year agoRelated Solutions
Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and...
Martinez Company's relevant range of production is 7,500 units
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Manufacturing overhead $3.50, Fixed selling expense $2.50, Fixed
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administrative expense $0.50.
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direct materials $6.40
direct labor $3.90
variable manufacturing overhead $1.40
fixed manufacturing overhead $4.00
fixed selling expense $3.40
fixed administrative expense $2.10
sales commission $1.10
variable administrative expenses $0.55
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materials $ 5.70 Direct labor $ 3.20 Variable manufacturing
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expense $ 2.70 Fixed administrative expense $ 2.10 Sales
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Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...
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
Direct materials
$
6.90
Direct labor
$
4.40
Variable manufacturing overhead
$
1.50
Fixed manufacturing overhead
$
4.00
Fixed selling expense
$
3.90
Fixed administrative expense
$
2.00
Sales commissions
$
1.00
Variable administrative expense
$
0.50
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Martinez Company’s relevant range of production is 9,500 units
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costs are as follows:
Amount Per Unit
Direct materials $ 5.40
Direct labor $ 2.90
Variable manufacturing overhead $ 1.60
Fixed manufacturing overhead$ 3.40
Fixed selling expense $ 2.40
Fixed administrative expense $ 2.10
Sales commissions $ 1.10
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Martinez Company’s relevant range of production is 9,500 units to 14,500 units. When it produces and...
Martinez Company’s relevant range of production is 9,500 units
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costs are as follows:
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Direct materials $ 5.40
Direct labor $ 2.90
Variable manufacturing overhead $ 1.60
Fixed manufacturing overhead$ 3.40
Fixed selling expense $ 2.40
Fixed administrative expense $ 2.10
Sales commissions $ 1.10
Variable administrative expense $ 0.55
1.) If 10,000 units are produced, what is the total amount of
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Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...
Martinez Company’s relevant range of production is 7,500 units
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Average Cost per Unit
Direct
materials
$
6.70
Direct labor
$
4.20
Variable manufacturing
overhead
$
1.40
Fixed manufacturing
overhead
$
4.00
Fixed selling expense
$
3.70
Fixed administrative
expense
$
2.10
Sales commissions
$
1.10
Variable administrative
expense
$
0.55
9. If 8,000 units are produced, what is the total amount of...
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Martinez Company’s relevant range of production is 7,500 units
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average costs per unit are as follows:
Average Cost Per Unit
Direct
materials
$
6.40
Direct labor
$
3.90
Variable manufacturing
overhead
$
1.40
Fixed manufacturing
overhead
$
4.00
Fixed selling expense
$
3.40
Fixed administrative
expense
$
2.10
Sales commissions
$
1.10
Variable administrative
expense
$
0.55
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Amount
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Direct materials
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Direct labour
$
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Variable manufacturing overhead
$
1.60
Fixed manufacturing overhead
$
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Fixed selling expense
$
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Fixed administrative expense
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2.20
Sales commissions
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Average Cost Per Unit
Direct
materials
$
5.60
Direct labor
$
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Variable manufacturing
overhead
$
1.40
Fixed manufacturing
overhead
$
4.00
Fixed selling expense
$
2.60
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expense
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expense
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0.45
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