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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $181 Units in
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: |
Selling price | $181 |
Units in beginning inventory | 0 |
Units produced | 13,100 |
Units sold | 12,500 |
Units in ending inventory | 600 |
Variable cost per unit: | |
Direct materials | $56 |
Direct labor | $48 |
Variable manufacturing overhead | $12 |
Variable selling and administrative | $10 |
Fixed costs: | |
Fixed manufacturing overhead | $471,600 |
Fixed selling and administrative | $187,500 |
What is the total period cost for the month under variable costing? |
$784,100
$471,600
$312,500
$659,100
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