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28 Sep 2019
Martinez Companyâs relevant range of production is 7,500 unitsto 12,500 units. When it produces and sells 10,000 units, itsaverage costs per unit are as follows:
Average Cost Per Unit Directmaterials $ 6.20 Direct labor $ 3.70 Variable manufacturingoverhead $ 1.60 Fixed manufacturingoverhead $ 4.00 Fixed selling expense $ 3.20 Fixed administrativeexpense $ 2.20 Sales commissions $ 1.20 Variable administrativeexpense $ 0.45
13. If the selling price is $22.20 per unit, what is thecontribution margin per unit? (Do not round intermediatecalculations. Round your answer to 2 decimal places.)
Martinez Companyâs relevant range of production is 7,500 unitsto 12,500 units. When it produces and sells 10,000 units, itsaverage costs per unit are as follows:
Average Cost Per Unit | |||
Directmaterials | $ | 6.20 | |
Direct labor | $ | 3.70 | |
Variable manufacturingoverhead | $ | 1.60 | |
Fixed manufacturingoverhead | $ | 4.00 | |
Fixed selling expense | $ | 3.20 | |
Fixed administrativeexpense | $ | 2.20 | |
Sales commissions | $ | 1.20 | |
Variable administrativeexpense | $ | 0.45 | |
13. If the selling price is $22.20 per unit, what is thecontribution margin per unit? (Do not round intermediatecalculations. Round your answer to 2 decimal places.)
Keith LeannonLv2
28 Sep 2019