A manufacturing company that produces a single product has provided the followin

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $163 Units in beginning inventory 100 Units produced 10,300 Units sold 9,900 Units in ending inventory 500 Variable cost per unit: Direct materials $48 Direct labor $45 Variable manufacturing overhead $15 Variable selling and administrative $10 Fixed costs: Fixed manufacturing overhead $298,700 Fixed selling and administrative $128,700 What is the total period cost for the month under variable costing? $298,700 $227,700 $427,400 $526,400

Explanation / Answer

Under variable costing,   Period costs are fixed costs fixed cost details for the month Amt $ Fixed Manufacturing Overhead                298,700.00 Fixed selling & Admin costs                128,700.00 Total Period cost for the month $            427,400.00 So correct option is $427,400

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