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 $ 121 6,000 Units sold 5,600 Units in ending inventory 400 Variable costs per unit: Direct materials $ 38 $ 53 $ 3 $ 11 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $60,000 $28,000 What is the total period cost for the month under variable costing?
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 $ 121 6,000 Units sold 5,600 Units in ending inventory 400 Variable costs per unit: Direct materials $ 38 $ 53 $ 3 $ 11 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $60,000 $28,000 What is the total period cost for the month under variable costing?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 2E: During the month, a company with no departmentalization incurred costs of 45,000 for materials,...
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