Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:    Selling price$106   Units in beginning inventory 0Units produced 2,600Units sold 2,200Units in ending inventory 400    Variable costs per unit:  Direct materials$46Direct labor$28Variable manufacturing overhead$2Variable selling and administrative expense$7Fixed costs:  Fixed manufacturing overhead$33,800Fixed selling and administrative expense$8,800 What is the total period cost for the month under the absorption costing?

A. $33,800
B. $8,800
C. $58,000
D. $24,200


Answer: D

Business

You might also like to view...

Wilson, an assistant sales manager at his company, has agreed to help Caleb, a new employee in the same company, by guiding him and counseling him on his duties and responsibilities. This is an example of _____.

A) onboarding B) rebounding C) orientation D) mentoring

Business

Which statement gives sound adviceabout questionnaire format?

a. Leave little blank space. b. Limit the questionnaire to one page. c. Place spaces for responses near the items to be answered. d. Use more closed questions than open ones.

Business

The __________ interest rate is based on the cost of borrowing offshore U.S. dollars in the global interbank market

a. International Rate Exchange b. Frankfurt International Trade Rate c. London Interbank Offered Rate d. New York Exchange Rate

Business

An implied warranty or merchantability, an implied warranty of fitness for a particular purpose, and an express warranty can exist in a single transaction.

Answer the following statement true (T) or false (F)

Business