Question

You have been provided the following data relating to Milestone Ltd.:
Amount
Particulars
Selling Price
S
195
2,120
1,550
570
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per Unit:
Direct Material
Direct Labor
Variable manufacturing overhead
Variable selling and administrative overhead
Fixed Costs:
Fixed manufacturing overhead
Fixed selling and administartive
S
S
S
$
92
35
13
7
S
S
29,680
29,450
Calculate the total period cost for the month under variable costing method.
a. Total period cost under the variable costing is $62,580
b. Total period cost under the variable costing is $69,980
c. Total period cost under the variable costing is $83,900
d. Total period cost under the variable costing is $50,350

Answer 1

Answer:

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