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Question - A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price $168
Units in beginning inventory 0
Units produced 6,700
Units sold 6,000
Units in ending inventory 700
Variable costs per unit:
Direct materials $50
Direct labor $45
Variable manufacturing overhead $12
Variable selling and administrative expense $7
Fixed costs:
Fixed manufacturing overhead $207,700
Fixed selling and administrative expense $120,000
Required - What is the total period cost for the month under variable costing?
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