Question & Answer: The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500…..

4 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, art 4 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 26 ints Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed adninistrative expense Sales commissions variable adninistrative expenee eBook Foundational 1-4 4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.)

[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: If 12,500 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

Variable cost per unit produced and sold=(Direct material+Direct labor+Variable manufacturing overhead+Sales commissions+Variable administrative expenses)

which is equal to

=(5.6+3.1+1.4+1.20+0.45)

=$11.75.

Still stressed from student homework?

Get quality assistance from academic writers!

Order now