Reference no: EM132602754

Simpson Corp, which has only one product, has provided the following data concerning its most recent month of operation.

Selling Price                               $123

Units in Beginning Inventory            0

Units Produced                          6400

Units Sold                                6100

Units in Ending Inventory              300

Variable Cost per Unit.

Direct Materials                           45

Direct Labor                                  30

Variable Manufacturing Overhead        1

Variable Selling an Administrative          8

Fixed Cost

Fixed Manufacturing Overhead       140,000

Fixed Selling and Administrative         91,500

Question a) What was the unit product cost for the month under variable costing?

Question b) What was the total contribution margin for the month under the variable costing approach?

Question c) What was the total period cost for the month under the variable approach?

Question d) What was the income (loss) for the month under variable costing?