a manufacturing company that produces a single product has provided the following data concerning its most…

a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $133 units in beginning inventory 0 units produced 7,000 units sold 6,800 units in ending inventory 200 variable costs per unit: direct materials $41 direct labor $57 variable manufacturing overhead $5 variable selling and administrative expense $4 fixed costs: fixed manufacturing overhead $133,000 fixed selling and administrative expense $34,000 what is the total period cost for the month under absorption costing? multiple choice $61,200 $34,000 $194,200 $133,000

a manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $133 units in beginning inventory 0 units produced 7,000 units sold 6,800 units in ending inventory 200 variable costs per unit: direct materials $41 direct labor $57 variable manufacturing overhead $5 variable selling and administrative expense $4 fixed costs: fixed manufacturing overhead $133,000 fixed selling and administrative expense $34,000 what is the total period cost for the month under absorption costing? multiple choice $61,200 $34,000 $194,200 $133,000

Answer

Explanation:

Step1: Identify period - costs under absorption costing

Under absorption costing, period - costs are fixed selling and administrative expenses. Fixed manufacturing overhead is a product - cost under absorption costing.

Step2: Determine the amount of fixed selling and administrative expense

The fixed selling and administrative expense is given as $34,000.

Answer:

$34,000