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Aleonysh [2.5K]
2 years ago
13

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

Selling price $ 179 Units in beginning inventory 100 Units produced 1,250 Units sold 1,010 Units in ending inventory 340 Variable costs per unit: Direct materials $ 66 Direct labor $ 35 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead $ 16,250 Fixed selling and administrative expense $ 22,220 What is the total period cost for the month under variable costing
Business
1 answer:
ELEN [110]2 years ago
3 0

Answer:

the total period cost for the month under variable costing is $52,610

Explanation:

Under Variable Costing Period Cost consist of, All Non-Manufacturing Costs and Fixed Manufacturing overheads.Fixed Manufacturing overheads are included in product costs only in full costing.

<u>Calculation of Total Period Costs :</u>

Variable selling and administrative expense ($ 14×1,010)  $14,140

Fixed selling and administrative expense                         $22,220

Fixed manufacturing overhead                                           $16,250

Total                                                                                      $52,610

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