A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced $ 177 10,300 Units sold 10,000 Units in ending inventory Variable costs per unit: 300 $ 57 $ 46 $ 16 $ 10 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $309,000 $140,000 What is the total period cost for the month under variable costing?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 2CMA: Chassen Company, a cracker and cookie manufacturer, has the following unit costs for the month of...
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$309,000
$240,000
$449,000
$549,000
Transcribed Image Text:Multiple Choice $309,000 $240,000 $449,000 $549,000
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
$ 177
Selling price
Units in beginning inventory
Units produced
10,300
Units sold
10,000
Units in ending inventory
Variable costs per unit:
300
Direct materials
$ 57
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
$ 46
$ 16
$ 10
Fixed manufacturing overhead
Fixed selling and administrative expense
$309,000
$140,000
What is the total period cost for the month under variable costing?
Transcribed Image Text:A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 177 Selling price Units in beginning inventory Units produced 10,300 Units sold 10,000 Units in ending inventory Variable costs per unit: 300 Direct materials $ 57 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: $ 46 $ 16 $ 10 Fixed manufacturing overhead Fixed selling and administrative expense $309,000 $140,000 What is the total period cost for the month under variable costing?
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