1. For financial accounting purposes, what is the total amount of product costs incurred to...
90.2K
Verified Solution
Question
Accounting
1. For financial accounting purposes, what is the total amount of product costs incurred to make 11,000 units? Total product cost = ? 2. For financial accounting purposes, what is the total amount of period costs incurred to make 11,000 units? Total period cost = ? 3. If 9,000 units are sold, what is the variable cost per unit sold? ( round answers to 2 decimal places ) Varibale cost per unit sold = ? 4. If 13,000 units are sold, what is the variable cost per unit sold? ( round answers to 2 decimal places ) Varibale cost per unit sold = ? 5. If 9,000 units are sold, what is the total amount of variable costs related to the units sold? Total variable cost = ? 6. If 13,000 units are sold, what is the total amount of variable costs related to the units sold? Total variable cost = ? 7. If 9,000 units are prodcued, what is the average fixed manufacturing cost per unit produced? (Round answers to 2 decimal places) Average fixed manufacturing cost per unit = ? 8. If 13,000 units are prodcued, what is the average fixed manufacturing cost per unit produced? (Round answers to 2 decimal places) Average fixed manufacturing cost per unit = ? 9. If 9,000 units are prodcued, what is the total amount of fixed manufacturing cost incurred to support his level of production? Total fixed manufacturing cost = ? 10. If 13,000 units are prodcued, what is the total amount of fixed manufacturing cost incurred to support his level of production? Total fixed manufacturing cost = ? 11. If 9,000 units are prodcued, what is the total amount of manufacturing overhead cost expressed on a per unit basis? manufacturing overhead per unit = ? 12. If 13,000 units are prodcued, what is the total amount of manufacturing overhead cost incurred to support his level of production? Total manufacturing overhead cost = ? If 13,000 units are prodcued, what is the total amount of manufacturing overhead cost expressed on a per unit basis? manufacturing overhead per unit = ? 13. If the selling price is $23.00 per unit, what is the contribution margin per unit sold? (Round answers to 2 decimal place) Contribution margin per unit = ? 14. If 12,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support his level of production? Total direct manufacturing cost = ? If 12,000 units are produced, what are the total amounts of indirect manufacturing costs incurred to support his level of production? Total indirect manufacturing cost = ? 15. What total incremental cost will Martinez incur if it increases production from 11,000 to 11,001 units? (Round answers to 2 decimal places) Incremental cost per unit produced = ? Foundational LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-6, LO 2-7] [The following Information applies to the questions displayed below Martinez Company's relevant range of production is 8.500 units to 13.500 units. When it produces and sells 11,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Flxed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $ 700 $4.50 $ 1.40 $5.00 $4.00 $ 2.10 $ 110 $0.55

1. For financial accounting purposes, what is the total amount of product costs incurred to make 11,000 units?
Total product cost = ?
2. For financial accounting purposes, what is the total amount of period costs incurred to make 11,000 units?
Total period cost = ?
3. If 9,000 units are sold, what is the variable cost per unit sold? ( round answers to 2 decimal places )
Varibale cost per unit sold = ?
4. If 13,000 units are sold, what is the variable cost per unit sold? ( round answers to 2 decimal places )
Varibale cost per unit sold = ?
5. If 9,000 units are sold, what is the total amount of variable costs related to the units sold?
Total variable cost = ?
6. If 13,000 units are sold, what is the total amount of variable costs related to the units sold?
Total variable cost = ?
7. If 9,000 units are prodcued, what is the average fixed manufacturing cost per unit produced? (Round answers to 2 decimal places)
Average fixed manufacturing cost per unit = ?
8. If 13,000 units are prodcued, what is the average fixed manufacturing cost per unit produced? (Round answers to 2 decimal places)
Average fixed manufacturing cost per unit = ?
9. If 9,000 units are prodcued, what is the total amount of fixed manufacturing cost incurred to support his level of production?
Total fixed manufacturing cost = ?
10. If 13,000 units are prodcued, what is the total amount of fixed manufacturing cost incurred to support his level of production?
Total fixed manufacturing cost = ?
11. If 9,000 units are prodcued, what is the total amount of manufacturing overhead cost expressed on a per unit basis?
manufacturing overhead per unit = ?
12. If 13,000 units are prodcued, what is the total amount of manufacturing overhead cost incurred to support his level of production?
Total manufacturing overhead cost = ?
If 13,000 units are prodcued, what is the total amount of manufacturing overhead cost expressed on a per unit basis?
manufacturing overhead per unit = ?
13. If the selling price is $23.00 per unit, what is the contribution margin per unit sold? (Round answers to 2 decimal place)
Contribution margin per unit = ?
14. If 12,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support his level of production?
Total direct manufacturing cost = ?
If 12,000 units are produced, what are the total amounts of indirect manufacturing costs incurred to support his level of production?
Total indirect manufacturing cost = ?
15. What total incremental cost will Martinez incur if it increases production from 11,000 to 11,001 units? (Round answers to 2 decimal places)
Incremental cost per unit produced = ?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.