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Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead $2.75/unit Variable selling/administration $1.00/unit $11.00/unit $4.00/unit Selling and Administration Units produced in period Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?

Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead $2.75/unit Variable selling/administration $1.00/unit $11.00/unit $4.00/unit Selling and Administration Units produced in period Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 17P: Shinto Corp. uses a standard cost system and manufactures one product. The variable costs per...
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Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead Variable selling/administration $11.00/unit $4.00/unit Selling and Administration $2.75/unit Units produced in period $1.00/unit Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?
Transcribed Image Text:Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials Direct labour Variable manufacturing overhead Variable selling/administration $11.00/unit $4.00/unit Selling and Administration $2.75/unit Units produced in period $1.00/unit Units sold in period Beginning inventory Manufacturing overhead $26,000 $11,000 5,000 5,000 $0 What is the variable cost of goods sold for Alpha Company under a variable costing system?
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