What total incremental cost will martinez incur if it

Assignment Help Accounting Basics
Reference no: EM13587910

Martinez Company's relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows:


Amount
Per Unit
  Direct materials $ 6.70
  Direct labor $ 4.20
  Variable manufacturing overhead $ 1.40
  Fixed manufacturing overhead $ 4.70
  Fixed selling expense $ 3.70
  Fixed administrative expense $ 2.10
  Sales commissions $ 1.10
  Variable administrative expense $ 0.55

9. If 9,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

10. If 13,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

11-a. If 9,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?

11-b.If 9,000 units are produced, What is this total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.)

12-a.If 13,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production?

12-b.If 13,000 units are produced, what is this total amount of manufacturing overhead cost expressed on a per unit basis? (Round your answer to 2 decimal places.)

13.If the selling price is $22.70 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.)

14-a. If 12,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support this level of production?

14-b. If 12,000 units are produced, what are the total amounts of indirect manufacturing costs incurred to support this level of production?

15.What total incremental cost will Martinez incur if it increases production from 11,000 to 11,001 units? (Round your answer to 2 decimal places.)

Reference no: EM13587910

Questions Cloud

The dean of the school of natural science is trying to : the dean of the school of natural science is trying to decide whether to purchase a copy machine to place in the lobby
What amount would msi report as cash and cash equivalents : the bank statement for the checking account of management systems inc. msi showed a december 31 2013 balance of
King cones leased ice cream-making equipment from liang : king cones leased ice cream-making equipment from liang leasing. liang earns interest under such arrangements at a 6
Potential investments to accelerate profit abc company has : potential investments to accelerate profit abc company has the option to purchase additional equipment that will cost
What total incremental cost will martinez incur if it : martinez companys relevant range of production is 8500 units to 13500 units. when it produces and sells 11000 units its
Develop a dcf model using excel to estimate the fair : this question requires you among other things to calculate the stock price for yahoo inc. yhoo and provide the needed
Product cost abc company believes that it has an additional : product cost abc company believes that it has an additional 5000 machine hours available in the current facility before
What is activity based costing and how does it work what : what is activity based costing and how does it work? what does it do for a firm employing such a system? how do you go
Question 153 grams of metal have a specific heat of 0061 : question 153 grams of metal have a specific heat of 0.061 calg c and at a temp of 99.1c is added to 85.0 grams of water

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