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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 $ 170 Units
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price | $ | 170 |
Units in beginning inventory | 0 | |
Units produced | 15,400 | |
Units sold | 13,700 | |
Units in ending inventory | 1,700 | |
Variable cost per unit: | ||
Direct materials | $ | 53 |
Direct labor | $ | 51 |
Variable manufacturing overhead | $ | 15 |
Variable selling and administrative | $ | 6 |
Fixed costs: | ||
Fixed manufacturing overhead | $ | 446,600 |
Fixed selling and administrative expenses | $ | 178,100 |
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What is the total period cost for the month under variable costing?
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