FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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13 - Unit 1 - Chapter 1 Ass X
it 1 - Chapter 1 Assignment i
13
t 13 of 15
S
Print
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n
Bartleby vs Chegg - Which Is Bex b Search results for 'Martinez Con X
https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%25
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Fixed selling expense
Fixed administrative expense
Sales commissions
Variable administrative expense
Required information
[The following information applies to the questions displayed below.]
Martinez Company's 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:
Contribution margin per unit
< Prev
Average Cost
per Unit
$5.90
$ 3.40
$ 1.60
$ 4.00
$ 2.90
O Search
Saved
$2.20
$ 1.20
$ 0.45
13. If the selling price is $21.90 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round
your answer to 2 decimal places.)
+
13 14 15
of 15
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Transcribed Image Text:13 - Unit 1 - Chapter 1 Ass X it 1 - Chapter 1 Assignment i 13 t 13 of 15 S Print O n Bartleby vs Chegg - Which Is Bex b Search results for 'Martinez Con X https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%25 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required information [The following information applies to the questions displayed below.] Martinez Company's 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: Contribution margin per unit < Prev Average Cost per Unit $5.90 $ 3.40 $ 1.60 $ 4.00 $ 2.90 O Search Saved $2.20 $ 1.20 $ 0.45 13. If the selling price is $21.90 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) + 13 14 15 of 15 Nexting > Next Help 3 90% Save & Exit Check m
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