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P.B. Custom Woodwork (PBCW), a furniture maker , has enough capacity to produce 800 dinner tables. The following information was gathered in the month of
P.B. Custom Woodwork (PBCW), a furniture maker, has enough capacity to produce 800dinner tables. The following information was gathered in the month of November.
Units Sold
675
Sales price
$850
direct materials per table
$100
labor cost per table
$240
Variable overhead incurred per table
$80
Fixed overhead
$60,000
variable sales and service expense per table
$60
Showroom monthly rent
$16,000
PBCW was able to produce 750 units during the month and it had 40 units in beginning inventory.
How much is the total period cost under variable costing?
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