a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price........................................................... $100 Units in beginning inventory................................. 0 Units produced ...................................................... 2,400 Units sold............................................................... 2,100 Units in ending inventory...................................... 300 Variable costs per unit: Direct materials.................................................. $31 Direct labor......................................................... $11 Variable manufacturing overhead ...................... $1 Variable selling and administrative.................... $8 Fixed costs: Fixed manufacturing overhead........................... $79,200 Fixed selling and administrative ........................ $8,400 What is the total period cost for the month under the absorption costing approach?
a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price........................................................... $100
Units in beginning inventory................................. 0
Units produced ...................................................... 2,400
Units sold............................................................... 2,100
Units in ending inventory...................................... 300
Variable costs per unit:
Direct materials.................................................. $31
Direct labor......................................................... $11
Variable manufacturing overhead ...................... $1
Variable selling and administrative.................... $8
Fixed costs:
Fixed manufacturing overhead........................... $79,200
Fixed selling and administrative ........................ $8,400
What is the total period cost for the month under the absorption costing approach?
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