Company A has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Cost per Unit $ 4.80 $ 3.80 $ 1.50 Variable administrative expense Fixed selling and administrative expense $ 6800 For financial reporting purposes, the total amount of period costs incurred to sell 4000 units is closest to: $16,400 $6800 $10,800 $9600 $ $ Cost per Period 1.80 0.60 10,80 $0

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company A has provided the following information:
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Cost per Unit
$ 4.80
$
$
3.80
1.50
Cost per
Period
$
1.80
$ 0.60
Variable administrative expense
Fixed selling and administrative expense
$ 6800
For financial reporting purposes, the total amount of period costs incurred to sell 4000 units is closest to:
$16,400
$6800
$10,800
$9600
10,80
$0
Transcribed Image Text:Company A has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Cost per Unit $ 4.80 $ $ 3.80 1.50 Cost per Period $ 1.80 $ 0.60 Variable administrative expense Fixed selling and administrative expense $ 6800 For financial reporting purposes, the total amount of period costs incurred to sell 4000 units is closest to: $16,400 $6800 $10,800 $9600 10,80 $0
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