A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $132 Units in beginning inventory 0 Units produced 1,100 Units sold 800 Units in ending inventory 300 Variable costs per unit: Direct materials $48 Direct labor $17 Variable manufacturing overhead $2 Variable selling and administrative $4 Fixed costs: Fixed manufacturing overhead $39,600 Fixed selling and administrative $7,200 What is the total period cost for the month under absorption costing?
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $132 Units in beginning inventory 0 Units produced 1,100 Units sold 800 Units in ending inventory 300 Variable costs per unit: Direct materials $48 Direct labor $17 Variable manufacturing overhead $2 Variable selling and administrative $4 Fixed costs: Fixed manufacturing overhead $39,600 Fixed selling and administrative $7,200 What is the total period cost for the month under absorption costing?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 13E: Wyandotte Company provided the following information for the last calendar year: During the year,...
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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 |
$132 |
Units in beginning inventory |
0 |
Units produced |
1,100 |
Units sold |
800 |
Units in ending inventory |
300 |
Variable costs per unit: |
|
Direct materials |
$48 |
Direct labor |
$17 |
Variable manufacturing |
$2 |
Variable selling and administrative |
$4 |
Fixed costs: |
|
Fixed manufacturing overhead |
$39,600 |
Fixed selling and administrative |
$7,200 |
What is the total period cost for the month under absorption costing?
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