Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$126 Units in beginning inventory 0Units produced 1,900Units sold 1,800Units in ending inventory 100 Variable costs per unit: Direct materials$49Direct labor$28Variable manufacturing overhead$5Variable selling and administrative expense$11Fixed costs: Fixed manufacturing overhead$32,300Fixed selling and administrative expense$23,400 What is the total period cost for the month under variable costing?
A. $43,200
B. $55,700
C. $32,300
D. $75,500
Answer: D
You might also like to view...
Unstructured decisions occur in situations in which no procedures or rules exist to guide decision makers towards the correct choice.
Answer the following statement true (T) or false (F)
Wild & Scenic River Tours, Inc, is a corporation. Wild & Scenic has the implied power to
a. issue stocks and bonds. b. execute contracts and negotiable instruments. c. buy and sell (or lease) property. d. perform all acts reasonably appropriate and necessary to accomplish its corporate purposes.
Because publicity is "free," it is usually far less effective than advertising if the firm has a new message.
Answer the following statement true (T) or false (F)
In a judicial foreclosure, the lender is allowed to foreclose on and sell the property without judicial supervision.
Answer the following statement true (T) or false (F)