Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $11.00/ unit Manufacturing overhead $26,000 Direct labour $4.00/unit Selling and Administration $11,000 Variable manufacturing overhead $2.75/unit Units produced in period 5,000 Variable selling/administration $1.00/unit Units sold in period 5,000 Beginning inventory $0 Total period costs for Whiz Mixer using variable costing is a. $ 37,000 b. $42,000 c. $55, 750 d. $40,000

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $11.00/ unit Manufacturing overhead $26,000 Direct labour $4.00/unit Selling and Administration $11,000 Variable manufacturing overhead $2.75/unit Units produced in period 5,000 Variable selling/administration $1.00/unit Units sold in period 5,000 Beginning inventory $0 Total period costs for Whiz Mixer using variable costing is a. $ 37,000 b. $42,000 c. $55, 750 d. $40,000

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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