What is the total period cost for the month

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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 $160

Units in beginning inventory 100

Units produced 16,000

Units sold 15,800

Units in ending inventory 300

Variable costs per unit:

Direct materials $51

Direct labor $46

Variable manufacturing overhead $8

Variable selling and administrative expense $5

Fixed costs:

Fixed manufacturing overhead $560,000

Fixed selling and administrative expense $173,800

Required - What is the total period cost for the month under variable costing?

Reference no: EM133147730

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