Martinez Companys relevant range of production is 7,500 units to 12,500 units. When it produces...
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Martinez Companys 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:
Average Cost Per UnitDirect materials$5.80Direct labor$3.30Variable manufacturing overhead$1.50Fixed manufacturing overhead$4.00Fixed selling expense$2.80Fixed administrative expense$2.00Sales commissions$1.00Variable administrative expense$0.50Foundational 1-4 (Algo)
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.)
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