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Question 13 Dolphin Incorporated, which only has one product, has provided the following data concerning its most recent month of operations Amount $100 Description Selling
Question 13 Dolphin Incorporated, which only has one product, has provided the following data concerning its most recent month of operations Amount $100 Description Selling Price Units in beginning inventory Units produced Units sold 2,100 1,700 Units in ending Inventory 400 Variable Costs Per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed Costs Fixed manufacturing overhead Fixed selling and administrative expense $12 Per month $33,600 $22,000 What is the total period cost for the month under absorption costing? Question Select Your Answer Question 1: What is the unit product cost for the month under absorption costing? Question 2: What is the total gross margin for the month under absorption costing? Question 3: What is the total period cost for the month under absorption costing? Question 12 Summer Corporation, which only has one product, has provided the following data concerning its most recent month of operations Amount $160 Description Selling Price Units in beginning inventory Units produced Units sold 1,900 1,600 300 Per unit 548 Units in ending inventory Variable Costs Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed Costs Fixed manufacturing overhead Per month 551,300 Fixed selling and administrative expense $37.000 Question Select Your Answer Question 1: What is the unit product cost for the month under variable costing? 596 Question 2: What is the total contribotion margin for the month under variable costing? Question 3: What is the total period cost for the month under variable costing? $120,300 $120.300
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