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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 |
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
$61,200
$34,000
$194,200
$133,000
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