What is the total amount of period costs

Assignment Help Accounting Basics
Reference no: EM1310906

Martinez Company's relevant range of production is 7,500 units to 12,500 units.When it produces and sells 10,000 units, its unit costs are as follows: Direct materials:6.00, direct labor:3.50,variable manufacturing overhead 1.50,fixed manufacturing overhead 4.00, fixed selling expense 3.00, fixed administrative expense 2.00, sales commissions 1.00, variable administrative expense 0.50:

  • What is the total product costs incurred to make 10,000 units?
  • What is the total amount of period costs incurred to sell 10,000 units?
  • 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?
  • If 8,000 units are sold, what is the total amount of variable costs related to the units sold?
  • If 12,500 units are sold, what is the total amount of variable costs related to the units sold?

Reference no: EM1310906

Questions Cloud

Drug-altered consciousness assignment : Understanding the human brain and how it can affect one’s behavior is an important relationship in psychology.
Guidance for particular transaction : What should an accountant do if the guidance for a particular transaction or event is not specified within the FASB ASC?
Legalization of medicinal marijuana : A hot topic in most States is the legalization of medicinal marijuana.
Journal entries for unexpectedly pays past-due balance : Journal entries for unexpectedly pays past-due balance on its account. Bibby Company unexpectedly pays the $6,320 past-due balance on its account that was previously written off. The first entry is to reestablish the receivable.
What is the total amount of period costs : What is the total product costs incurred to make 10,000 units? What is the total amount of period costs incurred to sell 10,000 units?
Perspectives on middle age in adulthood : Erikson, Helson, and Levinson provide different perspectives on middle age in adulthood.
Journal entries for received balance due on sale on account : Journal entries for received balance due on the sale on account. Sold Merchandise Inventory for $123,340 cash.  No shipping charges were incurred related to the sale.
Inception of lease : On January 1, 2013, Winn Heat Transfer leased office space under the 3 year operating lease agreement. The arrangement specified 3 annual rent payments of $80,000 each, starting January 1, 2013, the inception of lease
Popular culture course : Provide a rationale explaining why your pop culture interest is appropriate for a popular culture course.

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