Question
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $165 Units in
| A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: |
| Selling price | $165 |
| Units in beginning inventory | 0 |
| Units produced | 11,700 |
| Units sold | 11,500 |
| Units in ending inventory | 200 |
| Variable cost per unit: | |
| Direct materials | $53 |
| Direct labor | $52 |
| Variable manufacturing overhead | $9 |
| Variable selling and administrative | $5 |
| Fixed costs: | |
| Fixed manufacturing overhead | $351,000 |
| Fixed selling and administrative | $149,500 |
| What is the total period cost for the month under variable costing? |
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Employee Relations Audits
Authors: C. Jennings, W. E. J. McCarthy, R. Undy
1st Edition
0415786614, 978-0415786614
