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bennick bennick
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Posts: 149
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A year ago

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price$ 133
Units in beginning inventory0
Units produced7,000
Units sold6,800
Units in ending inventory200
Variable costs per unit:
Direct materials$ 41
Direct labor$ 57
Variable manufacturing overhead$ 5
Variable selling and administrative expense$ 4
Fixed costs:
Fixed manufacturing overhead$133,000
Fixed selling and administrative expense$ 34,000

What is the total period cost for the month under absorption costing?



▸ $61,200

▸ $133,000

▸ $34,000

▸ $194,200
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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kniemeier2kniemeier2
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A year ago
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bennick Author
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Just got PERFECT on my quiz
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Brilliant
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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