What is the total period cost for the month under the absorption costing approach?


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What is the total period cost for the month under the absorption costing approach? 2 answers below » Gaines Company, which has only one product, has provided the following data concerning its most recent month of operations: View complete question » Selling price $74 Units in beginning inventory 0 Units produced 8,800 Units sold 8,600 Units in ending inventory . 200 Variable costs per unit: Direct materials $12 Direct labor $32 Variable manufacturing overhead $2 Variable selling and administrative $6 Fixed costs: Fixed manufacturing overhead $176,000 Fixed selling Gaines Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $74 Units in beginning inventory 0 Units produced 8,800 Units sold 8,600 Units in ending inventory . 200 Variable costs per unit: Direct materials $12 Direct labor $32 Variable manufacturing overhead $2 Variable selling and administrative $6 Fixed costs: Fixed manufacturing overhead $176,000 Fixed selling and administrative $8,600 What is the total period cost for the month under the absorption costing approach? A) $60,200 B) $8,600 C) $236,200 D) $176,000 View less » Jul 08 2014 12:38 PM

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