A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price........................................................... $78 Units in beginning inventory................................. 0 Units produced ...................................................... 5,300 Units sold............................................................... 4,900 Units in ending inventory...................................... 400 Variable costs per unit: Direct materials.................................................. $31 Direct labor......................................................... $14 Variable manufacturing overhead ...................... $2 Variable selling and administrative.................... $5
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price........................................................... $78
Units in beginning inventory................................. 0
Units produced ...................................................... 5,300
Units sold............................................................... 4,900
Units in ending inventory...................................... 400
Variable costs per unit:
Direct materials.................................................. $31
Direct labor......................................................... $14
Variable manufacturing overhead ...................... $2
Variable selling and administrative.................... $5
Fixed costs:
Fixed manufacturing overhead........................... $68,900
Fixed selling and administrative ........................ $58,800
What is the total period cost for the month under the absorption costing approach?
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