Compute what is the variable cost per unit sold

Assignment Help Accounting Basics
Reference no: EM131912787

Problem

Martinez Company Relavant of production is 7,500 units to 12,500 units. When it produces and sales 10,000 units, It cost are as follows:

Amount per Unit

Direct Materials $6.30

Direct Labor $3.80

Variable Manufacturing Overhead $1.50

Fixed Manufacturing Overhead $4.30

Fixed Selling Expense $3.30

Fixed Adminastrative Expense $2.00

Sales Commissions $1.00

Variable Administrative Expense $0.50

Using this data tableI

1. If 8,000 units are sold, what is the variable cost per unit sold?

2. If 12,500 units are sold, what is the variable cost per unit sold?

Reference no: EM131912787

Questions Cloud

How much of an advantage does it provide you : Should you lease or buy, and how much of an advantage does it provide you?How about if you should be charged 4% EAR ?
How many grams of dextrose are in the syringe : 1. What does (w/v) mean? 2. How many grams of dextrose are in the syringe?
Compute the lower of cost or market for ending inventory : Martinez Company's ending inventory includes the following items. Compute the lower of cost or market for ending inventory applied separately to each product.
Analyze roles and responsibilities for compliance : You have completed an internship in the finance division of a fast-growing information technology corporation. Your boss, the financial manager.
Compute what is the variable cost per unit sold : If 8,000 units are sold, what is the variable cost per unit sold? If 12,500 units are sold, what is the variable cost per unit sold?
What is the molecular weight of glucose : Complete the following table. Round atomic mass to the nearest whole number. Fill in the blank spaces with answer.
How would you allocate and provide an illustrative example : The US Department of Energy has hired your team to provide a recommendation on the allocation. How would you allocate and provide an illustrative example
Name at least two different types of hospital business : Name at least two different types of hospital business structures.
How much must he set aside in martins savings account : How much must he set aside in his savings account for the 3-month summer to cover his rent for next year?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd