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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 Variable costs per unit: 121 6,000 5,600 400 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense $ 38 $53 $11 $60,000 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $28,000 What is the total period cost for the month under variable costing? Multiple Choice $88,000 $60,000 $149,600 $89,600 Spiess Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Accessorics Traceable fixed expenses, Accessories $727,00o $386,000 $123,000 $784,000 $400,000 $125,000 Common fixed expenses totaled $369,000 and were allocated as follows: $162,000 to the Apparel business segment and $207000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. ories Company Apparel Access Net operating income (loss)
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