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:

Question

martinez company's relevant range of production is 7,500 units to 12,5 if 8,000 units are produced and sold, what is the variable cost per unit produced and sold? if 8,000 units are produced and sold, what is the total amount of variable costs related to the units produced and sold?

Expert · Accepted Answer

Prologue  Financial Accounting (external reporting):        Financial Accounting: reporting financial information to external parties (owners,         creditors, tax authorities, regulators)             o Emphasize financial consequences of past activities            o Emphasize objectivity and verifiability            o Must follow GAAP/IFRS            o Emphasize companywide reports  Managerial Accounting (internal reporting):        Managerial Accounting: provides information to managers to use within the organization             o Emphasizes decision affecting the future            o Emphasizes relevance            o Emphasizes timeliness (may need to sacrifice accuracy)            o Segment reports            o Does not need to follo

martinez company's relevant range of production is 7,500 units to 12,5

martinez company's relevant range of production is 7,500 units to 12,5
Description

School: University of Alabama - Tuscaloosa

Department: Engineering

Course: Cost Analysis for Planning & Control

Term: Spring 2019

Tags: marginal cost, cost, and Accounting

Cost: 25

Name: Ch 2 and 3 Job Costing

Description: cost classifications, unit product cost, total manufacturing cost, etc.

Uploaded: 01/30/2019

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

martinez company's relevant range of production is 7,500 units to 12,5

martinez company's relevant range of production is 7,500 units to 12,5 Description

School: University of Alabama - Tuscaloosa

Department: Engineering

Course: Cost Analysis for Planning & Control

Term: Spring 2019

Tags: marginal cost, cost, and Accounting

Cost: 25

Name: Ch 2 and 3 Job Costing

Description: cost classifications, unit product cost, total manufacturing cost, etc.

Uploaded: 01/30/2019

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

10 pages

AC 361, Week 1

32 pages

AC 361 Exam 1 Study Guide

martinez company's relevant range of production is 7,500 units to 12,5
Description