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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 $ 166 Units
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price $ 166
Units in beginning inventory 0
Units produced 11,200
Units sold 10,500
Units in ending inventory 700
Variable costs per unit:
Direct materials $ 51
Direct labor $ 51
Variable manufacturing overhead $ 6
Variable selling and administrative expense $ 4
Fixed costs:
Fixed manufacturing overhead $ 380,800
Fixed selling and administrative expense $ 168,000
What is the total period cost for the month under variable costing?
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