Shelp Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Cost per Unit Cost per Period $7.15 $3.35 $ 1.40 $81,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 19?
QUESTION 19
Shelp Corporation has provided the following information:
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
Fixed selling and administrative expense
Cost per Unit Cost per Period
$7.15
$3.35
$ 1.40
$49,500
$9,000
$33,000
$40,500
$0.50
$0.50
$81,000
$40,500
For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units
is closest to:
Transcribed Image Text:QUESTION 19 Shelp Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $7.15 $3.35 $ 1.40 $49,500 $9,000 $33,000 $40,500 $0.50 $0.50 $81,000 $40,500 For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is closest to:
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