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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Lagle Corporation has provided the following information:
For financial reporting purposes, the total amount of period costs incurred to sell 5000 units is closest to:
Cost per Unit | Cost per Period | ||||
Direct materials | $ | 4.55 | |||
Direct labor | $ | 3.30 | |||
Variable manufacturing |
$ | 1.25 | |||
Fixed manufacturing overhead | $ | 11,000 | |||
Sales commissions | $ | 1.30 | |||
Variable administrative expense | $ | 0.35 | |||
Fixed selling and administrative expense | $ | 4200 | |||
Question 16 options:
|
$12,450
|
|
$11,000
|
|
$4200
|
|
$8250
|
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