Option (B) is correct
Period costs are the costs that are incurred for a period and are not related to the production of a product. Here, period cost is Selling & administrative expenses, which are $195000.
Ramirez Company reports the following costs for the year: Direct Materials Used $ 180,000 Direct Labor...
Williams Company reports production costs for 2012 as follows: Direct materials used $375,000 Direct labor incurred 250,000 Factory overhead incurred 400,000 Operating expenses 145,000 Williams Company's period costs for 2012 amount to: $375,000 $250,000 $400,000 $145,000
Dexter Company incurred the following costs while producing 425 nits direct materials, 512 per unit direct labor, $26 per unitvariable manufacturing overhead. 517 per un total fixed manufacturing overhead costs $5.950 variable selling and administrative costs $2 per un totaled selling and administrative costs $3.400 There are no beginning inventories What is the operating income using absorption costing 1 425 units are sold for 5190 each? O A 547 880 OB. 539.440 OC. 547175 OD 538,530
Doon Company incurred the following costs while producing 480 units direct materials. 511 per unit direct labor, 529 per unit variable manufacturing overhead. 518 per unit total feed manufacturing overhead costs, 57,680 variable selling and administrative costs, S4 per unit, total feed selling and administrative costs, S4320 There are no beginning inventories What is the ending balance in Finished Goods Inventory using variable costing if 440 units are sold? O A. $5,280 OB. $7.920 OC. 52.480 OD. $2,320
Dude Company incurred the following costs while producing 520 units direct materials, 514 per un direct labor $28 perunt variable manufacturing overhead. 518 per unit total fed manufacturing overhead costs. 58,840 variable selling and administrative costs $8 per un totaled selling and administrative costs 55200 There are no beginning inventories What is the unit product cost using variable costing? O A. $60 per unit OB. 595 per unit OC. 577 per una OD 568 per un
The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $42.700 $29.400 $27.300 $23.600 $33.700 Conversion costs during the month totaledi O $56,700 $72.100 O $156,700 O $70,000
The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $57.000 $48.000 $40,000 $36.0po $51,000 Conversion costs during the month totaled: O $97.000 O $88.000 O $232.000 O $124.000
Dapple Company incurred the following costs while producing 400 units direct materials. 58 per unit direct labor, 522 per unit variable manufacturing overhead, 520 per unit total fixed manufacturing overhead costs $4,000, variable selling and administrative costs. 512 per unit total fixed selling and administrative costs. 53 200 There are no beginning inventories What is the unit product cost using absorption costing? O A 550 per unit OB. 580 per un OC. $60 per unit OD. 562 per un
The following costs were incurred in May: Direct materials $ 41,000 Direct labor $ 13,000 Manufacturing overhead $ 46,000 Selling expenses $ 18,000 Administrative expenses $ 15,000 Product costs during the month totaled:
2. The following costs were incurred in September: Direct materials $43,100 Direct labor $24,800 Manufacturing overhead $18,100 Selling expenses $20,300 Administrative expenses $28,700 Prime costs during the month totaled:
The following costs were incurred in May: Direct materials $ 45,100 Direct labor $ 32,300 Manufacturing overhead $ 26,700 Selling expenses $ 17,900 Administrative expense $ 34,100 Prime costs during the month totaled: