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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 $ 121 Units
- A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price | $ | 121 |
Units in beginning inventory | 0 | |
Units produced | 6,000 | |
Units sold | 5,600 | |
Units in ending inventory | 400 | |
Variable costs per unit: | ||
Direct materials | $ | 38 |
Direct labor | $ | 53 |
Variable manufacturing overhead | $ | 3 |
Variable selling and administrative expense | $ | 11 |
Fixed costs: | ||
Fixed manufacturing overhead | $ | 60,000 |
Fixed selling and administrative expense | $ | 28,000 |
What is the total period cost for the month under variable costing?
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