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What is the total period cost for the month

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Reference no: EM132533949

XYZ Company, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price P103

Units in beginning inventory 0

Units produced 6,800

Units in ending inventory 200

Variable cost per unit:

Direct materials P22

Direct labor 23

Variable overhead 4

Variable selling and administrative 8

Fixed costs:

Fixed overhead P231,200

Fixed selling and administrative 59,400

Question 1. The total contribution margin for the month under variable costing approach is

a. P72,400

b. P132,000

c. P303,600

d. P356,400

Question 2. The total gross margin for the month under absorption costing approach is

a. P19,800

b. P132,000

c. P148,600

d. P303,600

Question 3. What is the total period cost for the month under variable costing approach?

a. P112,200

b. P231,200

c. P290,600

d. P343,400

Question 4. What is the total period cost for the month under absorption costing approach?

a. P59,400

b. P112,200

c. P231,200

d. P343,400

Reference no: EM132533949

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