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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 $ 133 Units
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price | $ 133 |
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Units in beginning inventory | 0 |
Units produced | 7,000 |
Units sold | 6,800 |
Units in ending inventory | 200 |
Variable costs per unit: | |
Direct materials | $ 41 |
Direct labor | $ 57 |
Variable manufacturing overhead | $ 5 |
Variable selling and administrative expense | $ 4 |
Fixed costs: | |
Fixed manufacturing overhead | $ 133,000 |
Fixed selling and administrative expense | $ 34,000 |
What is the total period cost for the month under absorption costing?
Multiple Choice
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$133,000
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$61,200
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$194,200
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$34,000
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