Chapter 1 foundational 15

If 12,500 units are produced and sold, what is the variable cost per unit produced and sold?

$12.50

If 11,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production?

$104,500 $56,500

What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units?

$11.00

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

$12.50

If 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold?

$100,000

If 12,500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold?

$156,250

If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced?

$3.20

If 12,500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

$40,000

If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

$40,000

7. If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?

$5

If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis?

$52,000 $6.50

If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis?

$58,750 $4.70

For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?

$65,000

If the selling price is $22 per unit, what is the contribution margin per unit?

$9.50

1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units?

150,000