Description of this paper

Martinez Company_relevant range of production

Description

solution


Question

Question;Martinez Company?s relevant;range of production is 7,500 units to 12,500 units. When it produces and sells;10,000 units, its unit costs are as follows;Amount;per Unit;Direct;Materials $6.00;Direct;Labor $3.50;Variable;manufacturing overhead $1.50;Fixed;Manufacturing overhead $4.00;Fixed;selling expense $3.00;Fixed;administrative expense $2.00;Sales;Commissions $1.00;Variable;administrative expense $0.50;1.)For;financial accounting purposes, what is the total amount of product cost;incurred to make 10,000 units?;2.)For;financial accounting purposes, what is the total amount of period costs;incurred to sell 10,000 units?;3.)If;8,000 units are sold, what is the variable cost per unit sold?;4.)If;12,500 units are sold, what is the variable cost per unit sold?;5.)If;8,000 units are sold, what is the total amount of variable costs related to the;units sold?;6.)If;12, 500 units are sold, what is the total amount of variable costs related to;the units sold?;7.)If;8,000 units are produced, what is the average fixed manufacturing cost per unit;produced?;8.)If;12,500 units are produced, what is the average fixed manufacturing cost per;unit produced?;9.)If;8,000 units are produced, what is the total amount of fixed manufacturing cost;incurred to support this level of production?;10.)If;12,500 units are produced, what is the total amount of fixed manufacturing cost;incurred to support this level of production?;11.)If;8,000 units are produced, what is the total amount of manufacturing overhead;cost incurred to support this level of production? What is the total amount;expressed on a per unit basis?;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 the total amount;expressed on a per unit basis?;13.)If;selling price is $22 per unit, what is the contribution margin per unit sold?;14.)If;11,000 units are produced, what are the total amounts of direct and indirect;manufacturing costs incurred to support this level of production?;15.) What;total incremental cost will Martinez incur if it increases production from;10,000 to 10, 001 units?

 

Paper#37433 | Written in 18-Jul-2015

Price : $22
SiteLock