$194,200$133,000$61,200$34,000 A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:Selling priceUnits in beginning inventoryUnits producedUnits soldUnits in ending inventoryVariable costs per unit:Direct materialsDirect laborVariable manufacturing overheadVariable selling and administrative expenseFixed costs:Fixed manufacturing overheadFixed selling and administrative expenseWhat is the total period cost for the month under absorption costing?$ 13307,0006,800200$ 41$ 57$ 5$4$133,000$ 34,000

Under the absorption costing system, the fixed manufacturing overhead cost would be considered as…

Answered: A manufacturing company that produces a…

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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 absorption costing?
$ 133
0
7,000
6,800
200
$ 41
$ 57
$ 5
$4
$133,000
$ 34,000

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