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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 $177 Units in
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: |
Selling price | $177 |
Units in beginning inventory | 50 |
Units produced | 14,400 |
Units sold | 13,500 |
Units in ending inventory | 950 |
Variable cost per unit: | |
Direct materials | $53 |
Direct labor | $50 |
Variable manufacturing overhead | $11 |
Variable selling and administrative | $6 |
Fixed costs: | |
Fixed manufacturing overhead | $504,000 |
Fixed selling and administrative | $243,000 |
What is the total period cost for the month under variable costing? |
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