Answer:
B - $16,200
Period Costs are those costs which are not directly related to the production of the product. These are not included in the cost of goods sold and are expensed off in the income statement during period in which they are incurred. Direct materials, Direct Labor and manufacturing overhead are product costs.
Here, sales commissions, selling and administrative expenses are period costs.
So, the total period cost to sell 4,000 units
= [($2.5 + $0.45) * 4,000 units] + $4,400
= ($2.95 * 4,000 units) + $4,400
= $11,800 + $4,400
= $16,200
Cost per Period Doe x $ 1.35 stion 1 Next Panther Corporation has provided the following...
Question 1 1 pts Panther Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 4.85 Direct labor $ 3.35 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 8,000 Sales commissions $ 2.5 Variable administrative expense $ 0.45 Fixed selling and administrative $ 4,400 expense For financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to: $8,100 $12,200 $14,300 $16,200
Lagle Corporation has provided the following information: Cost per Cost per Period Unit $4.85 Direct materials $3.35 Direct labor Variable manufacturing overhead Fixed manufacturing overhead $1.35 $8,000 Sales commissions $1.50 Variable administrative expense $0.45 Fixed selling and administrative expense $4,400 For financial reporting purposes, the total amount of period costs incurred to sell 4,0000 units is closest to: Multiple Cholce $12,200 $8,100 $4,400 $7,800
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 4.65 Direct labor $ 3.50 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 14,400 Sales commissions $ 1.50 Variable administrative expense $ 0.45 Fixed selling and administrative expense $ 6,300 For financial reporting purposes, the total amount of period costs incurred to sell 6,000 units is closest to: Multiple Choice $18,000 $11,700 $6,300 $14,400
Shelp Corporation has provided the following information: Cost per Unit $7.15 $3.35 $1.40 Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $81,000 $0.50 0.50 Sales commissions Variable administrative expense Fixed selling and administrative expense $40,500 For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 16,200 Sales commissions $ 0.60 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 6,600 If the selling price is $21.70 per unit, the contribution margin per unit sold is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.00 Direct labor $ 3.60 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 10,800 Sales commissions $ 0.45 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 3,200 If 3,000 units are sold, the total variable cost is closest to:
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.20 Direct labor $ 3.80 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 7,600 Sales commissions $ 1.70 Variable administrative expense $ 0.30 Fixed selling and administrative expense $ 5,000 If 4,000 units are sold, the total variable cost is closest to: Multiple Choice $41,400 $62,000 $49,400 $49,600
$16,250 $8,550 $7,700 Lagle Corporation has provided the following information: Cost per Period Cost per Unit $5.05 $3.50 $1.75 $ 7,200 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $1.40 $0.50 $ 7,700 For financial reporting purposes, the total amount of period costs incurred to sell 4,500 units is closest to:
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.40 $3.20 $1.20 $14,400 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $0.40 $0.45 $ 3,300 If 4,500 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $23,100 $18,000 o $19,800 o $15.975 C
what is the correct answer? Lagle Corporation has provided the following information: cost per Period Cost per Unit $4.80 $3.80 $1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $10,800 $1.80 $0.60 $ 6,800 For financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to: Multiple Choice 0 $16,400 $9,600 Multiple Choice $16,400 0 $9,600 0 $6,800 0 $10,800