Question
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $174 Units in
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $174 Units in beginning inventory 0 Units produced 10,100 Units sold 9,500 Units in ending inventory 600 Variable cost per unit: Direct materials $56 Direct labor $50 Variable manufacturing overhead $15 Variable selling and administrative $6 Fixed costs: Fixed manufacturing overhead $313,100 Fixed selling and administrative expenses $114,000 What is the total period cost for the month under variable costing?
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