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Hinkle Furniture Company has accumulated the following costs in relation to the production and sales of 7 , 5 0 0 units during its first

Hinkle Furniture Company has accumulated the following costs in relation to the production and sales of 7,500 units during its first year of operations:


Direct materials $375,000
Direct labor $25 per unit
Variable manufacturing overhead 110% of direct labor
Variable selling and administrative costs $20 per unit sold
Fixed manufacturing overhead $250,000
Fixed selling and administrative costs $75,000

Using full costing, determine Hinkle's total period costs for the year.

 

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