A manufacturing company that produces a single product has provided the following data concerning its most recent month of operat Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 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 What is the total period cost for the month under variable costing? $121 0 6,000 5,600 400 $.38 $.53 $3 $11 $60,000 $28,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations
Selling price
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
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
What is the total period cost for the month under variable costing?
$ 121
0
6,000
5,600
400
$.38
$53
$3
$11
$60,000
$28,000
Transcribed Image Text:A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 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 What is the total period cost for the month under variable costing? $ 121 0 6,000 5,600 400 $.38 $53 $3 $11 $60,000 $28,000
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