Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling: $99 Units in beginning inventory- 0 Units produced- 6300 Units sold- 6000 Units in ending inventory- 300 Variable Costs per unit: Direct materials- $12 Direct labor- $42 Variable manufacturing overhead- $6 Variable selling and admin.- $6 Dixed Costs: Fixed manufacturing overhead- $170,100 Fixed selling and admin.- $24,000 What is the total period cost for the month under variable costing? Select one: a. $230,100 b. $194,100 c. $170,100 d. $60,000
Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling: $99 Units in beginning inventory- 0 Units produced- 6300 Units sold- 6000 Units in ending inventory- 300 Variable Costs per unit: Direct materials- $12 Direct labor- $42 Variable manufacturing overhead- $6 Variable selling and admin.- $6 Dixed Costs: Fixed manufacturing overhead- $170,100 Fixed selling and admin.- $24,000 What is the total period cost for the month under variable costing? Select one: a. $230,100 b. $194,100 c. $170,100 d. $60,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 5E: On April 30, the end of the first month of operations, Joplin Company prepared the following income...
Related questions
Question
Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling: $99
Units in beginning inventory- 0
Units produced- 6300
Units sold- 6000
Units in ending inventory- 300
Variable Costs per unit:
Direct materials- $12
Direct labor- $42
Variable manufacturing overhead - $6
Variable selling and admin.- $6
Dixed Costs:
Fixed manufacturing overhead- $170,100
Fixed selling and admin.- $24,000
What is the total period cost for the month under variable costing?
What is the total period cost for the month under variable costing?
Select one:
a.
$230,100
b.
$194,100
c.
$170,100
d.
$60,000
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning