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MrMuchimi
2 years ago
13

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its ave

rage costs per unit are as follows: Average Cost Per Unit Direct materials $ 6.20 Direct labor $ 3.70 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.20 Fixed administrative expense $ 2.20 Sales commissions $ 1.20 Variable administrative expense $ 0.45 Required:
what is the total amount of product costs incurred to make 10,000 units?
Business
1 answer:
inn [45]2 years ago
7 0
<span>The average cost of materials for 10,000 units is $62,000. The average cost of Labor for 10,000 units is $37,000. The average cost of Variable manufacturing overhead for 10,000 units is $16,000. The average cost of Fixed manufacturing overhead for 10,000 units is $40,000. The average cost of Fixed selling expense for 10,000 units is $32,000. The average cost of Fixed administrative expense for 10,000 units is $22,000. The average cost of Sales commissions for 10,000 units is $12,000. The average cost of Variable administrative expense for 10,000 units is $4,500. The total product cost for 10,000 units is $225,500.</span>
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