Hatfield Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price ............................ $123 Units in beginning inventory ............. 0 Units produced ........................... 6,400 Units sold ............................... 6,100 Units in ending inventory ................ 300 Variable costs per unit: Direct materials ....................... $45 Direct labor ........................... 30 Variable manufacturing overhead ........ 1 Variable selling and administrative .... 8 Fixed costs: Fixed manufacturing overhead ........... $140,800 Fixed selling and administrative ....... 91,500
Hatfield Company, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price ............................ $123
Units in beginning inventory ............. 0
Units produced ........................... 6,400
Units sold ............................... 6,100
Units in ending inventory ................ 300
Variable costs per unit:
Direct materials ....................... $45
Direct labor ........................... 30
Variable manufacturing overhead ........ 1
Variable selling and administrative .... 8
Fixed costs:
Fixed manufacturing overhead ........... $140,800
Fixed selling and administrative ....... 91,500
What is the total period cost for the month under the variable costing approach?
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