1) Martinez Companys relevant range of production is 9,000 units to 14,000 units. When it...
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Accounting
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Martinez Companys relevant range of production is 9,000 units to 14,000 units. When it produces and sells 11,500 units, its unit costs are as follows:
| Amount Per Unit | |||
| Direct materials | $ | 7.00 | |
| Direct labour | $ | 3.00 | |
| Variable manufacturing overhead | $ | 1.50 | |
| Fixed manufacturing overhead | $ | 5.00 | |
| Fixed selling expense | $ | 4.00 | |
| Fixed administrative expense | $ | 3.00 | |
| Sales commissions | $ | 2.00 | |
| Variable administrative expense | $ | 0.30 | |
Required: If 9,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?
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