Language:EN
Pages: 2
Words: 248
Rating : ⭐⭐⭐⭐⭐
Price: $10.99
Page 1 Preview
period cost calculation answers and explanation

period cost calculation answers and explanation

Period Cost Calculation Step by step Solution with Explanation

Your question:

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

A screenshot of a computer Description automatically generated

Period Cost Calculation Answers and Explanation

From the information provided, the following are categorized as period costs:

  1. Fixed Selling Expense: $2.90 per unit

Calculation:

  1. Fixed Selling Expense:

1.20 per unit×10,000 units=$12,0001.20

  1. Variable Administrative Expense:

Thus, the total period costs incurred when selling 10,000 units are $67,500.

You are viewing 1/3rd of the document.Purchase the document to get full access instantly

Immediately available after payment
Both online and downloadable
No strings attached
How It Works
Login account
Login Your Account
Place in cart
Add to Cart
send in the money
Make payment
Document download
Download File
img

Uploaded by : Mark Gibson

PageId: DOCECDEA88