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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 Units in beginning
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory $ 177 10,300 10,000 300 Variable costs per unit: Direct materials 57 Direct labor $ 46 Variable manufacturing overhead $ 16 Variable selling and administrative expense 10 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the total period cost for the month under variable costing? Multiple Choice $309,000 $449,000 $549,000 $240,000 $309,000 $140,000 4 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials $ 153 e 2,940 2,900 40 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense The total gross margin for the month under absorption costing is: Multiple Choice $113,100 $159,500 $148.700 $23,200 $ 49 $ 16 $ 16 $ 17 $97,020 $40,600 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold Units in ending inventory 4,550 4,450 100 Variable costs per unit: Direct materials 52 Direct labor $ 54 Variable manufacturing overhead $ 17 Variable selling and administrative expense $ 15 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the variable costing unit product cost for the month? $95,550 $44,500 Multiple Choice $159 per unit $138 per unit $123 per unit 5133 per unit
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