Question
Davison Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 95 Units in
Davison Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
| Selling price | $ | 95 | |
| Units in beginning inventory | 0 | ||
| Units produced | 5,000 | ||
| Units sold | 4,900 | ||
| Units in ending inventory | 100 | ||
| Variable costs per unit: | ||
| Direct materials | $ | 26 |
| Direct labor | $ | 40 |
| Variable manufacturing overhead | $ | 1 |
| Variable selling and administrative expense | $ | 4 |
| Fixed costs: | ||
| Fixed manufacturing overhead | $ | 40,000 |
| Fixed selling and administrative expense | $ | 73,500 |
What is the total period cost for the month under the absorption costing?
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Clinical Audit For Doctors And Healthcare Professionals
Authors: Bhoresh Dhamija, Chen Low, Geri Keane
2nd Edition
1445384043, 978-1445384047
