A manufacturing company that produces a single product has provided the follow data concerning its most recent month of operations: Selling price $166 Units
A manufacturing company that produces a single product has provided the follow data concerning its most recent month of operations: Selling price $166 Units in beginning inventory 100 Units produced 9,300 Units sold 8,800 Units in ending inventory 600 Variable costs per unit: Direct materials $48 Direct labor $42 Variable manufacturing overhead $12 Variable selling and administrative $9 Fixed costs: Fixed manufacturing overhead $297,600 $176,000 Fixed selling and administrative What is the total period cost for the month under variable costing?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 Calculate Variable Cost per Unit Direct Materials 48 per unit Direct Labor 42 per unit Variable Ma...See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started