Question
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 161 Units in
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 161 Units in beginning inventory 0 Units produced 1,270 Units sold 1,180 Units in ending inventory 90 Variable costs per unit: Direct materials $ 75 Direct labor $ 32 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $ 12,700 Fixed selling and administrative expense $ 20,060 What is the total period cost for the month under variable costing? Multiple Choice $34,220 $32,760 $12,700 $46,920
Item50 Time Remaining 2 hours 45 minutes 14 seconds 02:45:14 Item50 Item 50 Time Remaining 2 hours 45 minutes 14 seconds 02:45:14 Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 96 Units in beginning inventory 0 Units produced 8,750 Units sold 8,350 Units in ending inventory 400 Variable costs per unit: Direct materials $ 14 Direct labor $ 56 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 6 Fixed costs: Fixed manufacturing overhead $ 131,250 Fixed selling and administrative expense $ 8,400 What is the net operating income (loss) for the month under variable costing? Garrison 16e Rechecks 2018-06-22 Multiple Choice $10,650 $(18,150) $16,650 $6,000
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