Lagle Corporation has provided the following information: Cost per Cost per Unit Period $ 5.10 Direct materials Direct labor $3.60 $ 1.25 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 5,100 $ 1.50 $ 0.55 $ 3,200 For financial reporting purposes, the total amount of period costs incurred to sell 3,000 units is closest to:
Lagle Corporation has provided the following information: Cost per Cost per Unit Period $ 5.10 Direct materials Direct labor $3.60 $ 1.25 Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 5,100 $ 1.50 $ 0.55 $ 3,200 For financial reporting purposes, the total amount of period costs incurred to sell 3,000 units is closest to:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Lagle Corporation has provided the following information:
Cost per
Cost per
Unit
Period
Direct materials
$ 5.10
Direct labor
$3.60
$ 1.25
Variable manufacturing overhead
Fixed manufacturing overhead
$ 5,100
Sales commissions
$1.50
$ 0.55
Variable administrative expense
Fixed selling and administrative expense
$ 3,200
For financial reporting purposes, the total amount of period costs incurred to sell 3,000 units is closest to:
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