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$23,400What is the total period cost for the month under variable costing?
A. $43,200
B. $55,700
C. $75,500
D. $32,300
Answer: C
You might also like to view...
According to the text, there are several questions you should ask yourself as you decide whether a career in sales is appropriate for you. Which one of the following is LEAST relevant to determining whether a career in sales is best for you?
A. Am I willing to transfer to another city? B. How much freedom do I want in a job? C. How much money do I want to earn? D. Do I have the personality characteristics for the job? E. Do I mind traveling for work?
Which of the following prescriptions is part of the presentation strategy?
A) Build a strong prospect base by analyzing qualified customers. B) Prepare a presale presentation plan needed to meet objectives. C) Assume a role of mentor and associate. D) Project a positive sales image. E) Focus on relationships.
The key to recognizing an opportunity is completing a detailed analysis of the internal environment.
Answer the following statement true (T) or false (F)
A system is an interrelated set of business procedures used by one business unit, working together for a purpose
Indicate whether the statement is true or false