What is total period cost for month under variable costing

Assignment Help Financial Management
Reference no: EM13813589

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price   $166

Units in beginning inventory   100

Units produced   9,300

Units sold   8,800

Units in ending inventory   600

Variable cost per unit:    

Direct materials   $48

Direct labor   $42

Variable manufacturing overhead   $12

Variable selling and administrative   $9

Fixed costs:    

Fixed manufacturing overhead   $297,600

Fixed selling and administrative   $176,000

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

$297,600

$255,200

$473,600

$552,800

Reference no: EM13813589

Questions Cloud

Amount of the common fixed expense not traceable : Colasuonno Corporation has two divisions: the West Division and the East Division. The corporation's net operating income is $93,000. The West Division's divisional segment margin is $44,000 and the East Division's divisional segment margin is $174,6..
What was the holding of the court : Federal and state constitutions place limitations on criminal law. The Supreme Court will strike down a law if it is determined to be contrary to the U.S. Constitution. What do you think are the most important limitations that the Constitution pla..
Accounted for using the cost method : Which of the following stock investments should be accounted for using the cost method?
Discuss possible inclusions in a security policy : Discuss three possible inclusions in a security policy
What is total period cost for month under variable costing : A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the total period cost for the month under variable costing?
Create a presentation on stress management : Create a presentation on Stress Management. Your audience will be your peers or your family members. You are either making them have a healthier life style or change their point of view on how they can help the community.
Analyze the organizational structure and culture : Analyze the organizational structure and culture of the company your chosen executive has led, or is currently leading, and determine the company's approach to human capital management and employee development.
Analysis of the definitions of social justice in the us : Develop a 2-3-page analysis of the definitions of social justice in the U.S. and a country of your choice. Analyze the ideologies, identify their similarities, and explain how these factors support your statements or arguments about the social jus..
Who comprises the membership of each group : Who comprises the membership of each group? If known, what is the internal structure of the group's organization?

Reviews

Write a Review

Financial Management Questions & Answers

  Find the weighted average cost of capital for a firm

Find the weighted average cost of capital for a firm whose tax rate is 35%. Debt: 8,500 7.2% coupon bonds outstanding, $1000 par value, 25 years to maturity, selling for 118% pf par; the bonds make semi-annual payments.

  What is the average collection period

LaDoris & Mike, Inc. sells earnings forecasts for Chinese securities. It's credit terms are 1/5, net 15. Based on experience, 85 percent of all customers take the discount. What is the average collection period?

  Exercise good financial planning and control

Does your current organization (or an organization you have worked for in the past,) exercise good financial planning and control? Can it be improved? How? Why? Be prepared to cite real life examples as evidence.

  What is the expected rate of return for the portfolio

Given the following information calculate the expected rate of return for a portfolio with the following stocks: Target earning 6%,,Wal*Mart earning 10%, Delhaize earning 4%. What is the expected rate of return for the portfolio?

  Real time value of money

The company where Sally works pays higher base salaries (currently worth an additional $11,000/year) to graduates with Masters Degrees compared to a Bachelor’s Degree. Over a 40 year career, what is the Masters Degree worth to Sally, assuming a 4% re..

  Key objective of corporate financial management

Explain the key objective of corporate financial management and why this might not be the same as maximising accounting profit and describe the principal characteristics of primary and secondary capital markets.

  A scandinavian wind turbine manufacturer

2. A Scandinavian wind turbine manufacturer is attempting to understand the profit impact of a price change on turbines. Currently a 1.5 megawatt wind turbine has a total price of $1.7million to an electric generator but faces only 1.3 million..

  Cash inflows-what is the projects payback

Project K costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

  What is the present value of this growing perpetuity

You are evaluating a growing perpetuity product from a large financial services firm. The product promises an initial payment of $24,000 at the end of this year and subsequent payments that will thereafter grow at a rate of 0.05 annually. If you use ..

  An increase in capital per worker-technological progress

An increase in capital per worker will: Technological progress will: If technology advances, then:

  The directors of uw plc are keen to attract internal

the directors of uw plc are keen to attract internal investment to support the expansion of sales.the company buys raw

  1 identify the key criteria and considerations that need to

1. identify the key criteria and considerations that need to be taken into account in evaluating bfsi entry in the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd