total period cost for the month under the variable costing approach
A manufacturing company that produces a single product has provided the following
data concerning its most recent month of operations:
Selling price........................................................... $143
Units in beginning inventory................................. 0
Units produced ...................................................... 8,200
Units sold............................................................... 7,800
Units in ending inventory...................................... 400
Variable costs per unit:
Direct materials.................................................. $49
Direct labor......................................................... $42
Variable manufacturing
Variable selling and administrative.................... $7
Fixed costs:
Fixed manufacturing overhead........................... $270,600
Fixed selling and administrative ........................ $46,800
What is the total period cost for the month under the variable costing approach?
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