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![The Foundational 15 [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] The following information applies to the questions displayed below. Martinez Companys relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, Part 3 of 15 its average costs per unit are as follows: Average Cost Per Unit $5.60 $3.10 $1.40 $4.00 $2.60 $2.20 $1.20 $0.45 0.26 points Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense eBook Foundational 1-3 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold](https://media.cheggcdn.com/media%2F34a%2F34ab996d-0862-4705-83cd-c3fa9f3687a7%2Fimage)
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: If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold
Expert Answer
| Direct Material | $ | 5.60 |
| Direct Labor | $ | 3.10 |
| Variable Manufacturing Overhead | $ | 1.40 |
| Variable Administrative Expense | $ | 0.45 |
| Sales Commission | $ | 1.20 |
| Variable Cost Per Unit | $ | 11.75 |
Hence, the correct answer is $ 11.75
