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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 $ 135 Units
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price | $ 135 |
---|---|
Units in beginning inventory | 0 |
Units produced | 5,000 |
Units sold | 4,900 |
Units in ending inventory | 100 |
Variable costs per unit: | |
Direct materials | $ 33 |
Direct labor | $ 34 |
Variable manufacturing overhead | $ 4 |
Variable selling and administrative expense | $ 6 |
Fixed costs: | |
Fixed manufacturing overhead | $185,000 |
Fixed selling and administrative expense | $88,200 |
What is the total period cost for the month under variable costing?
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