Question

Required information [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 8,500 units to 13,500 units. When it produces and sells 11,000 units, its unit costs are as follows: Amount Per Unit Direct materials $ 6.40 Direct labour $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 4.40 Fixed selling expense $ 3.40 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55

If 9,000 units are sold, what is the variable cost per unit sold? (Round your answer to 2 decimal places.)

Answer 1