1 answer

Required information The following information applies to the questions displayed below.) Martinez Company's relevant range of...

Question:

Required information The following information applies to the questions displayed below.) Martinez Companys relevant range o
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: Average Cost Per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Pixed selling expense Pixed administrative expense Sales commissions Variable administrative expense $5.90 $3.40 $1.60 $4.00 $2.90 $2.20 $1.20 $0.45 13. If the selling price is $21.90 per shit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Contribution margin per unit

Answers

Contribution margin per unit = Selling price - Variable cost per unit

Contribution margin per unit = Selling price - (Direct materials + Direct labor + Variable manufacturing overhead + Variable administrative expense)

Contribution margin per unit = $21.90 - ($5.90 + $3.40 + $1.60 + $0.45)

Contribution margin per unit = $10.55

.

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