A company produces a single product. Variable production
costs are $13.7 per unit and variable selling and administrative expenses are
$4.7 per unit. Fixed manufacturing overhead totals $53,000 and fixed selling
and administration expenses total $57,000. Assuming a beginning inventory of
zero, production of 5,700 units and sales of 4,450 units, the dollar value of
the ending inventory under variable costing would be:

A manufacturing company that produces a single product has
provided the following data concerning its most recent month of operations:

Selling price

$144

Units in beginning
inventory

0

Units produced

3,020

Units sold

2,730

Units in ending
inventory

290

Variable costs per
unit:

Direct materials

$47

Direct labor

$21

Variable manufacturing
overhead

$16

Variable selling and
administrative

$9

Fixed costs:

Fixed manufacturing
overhead

$90,600

Fixed selling and
administrative expenses

$35,490

The total gross margin for the month under absorption
costing is:

Hatfield Corporation, which has only one product, has
provided the following data concerning its most recent month of operations:

Selling price

$170

Units in beginning
inventory

100

Units produced

2,130

Units sold

870

Units in ending
inventory

1,360

Variable costs per
unit:

Direct materials

$75

Direct labor

$30

Variable manufacturing
overhead

$10

Variable selling and
administrative

$13

Fixed costs:

Fixed manufacturing
overhead

$27,690

Fixed selling and
administrative

$17,400

What is the total period cost for
the month under the variable costing?

Farron Corporation, which has only one product, has
provided the following data concerning its most recent month of operations:

Selling price

$172

Units in beginning
inventory

0

Units produced

9,700

Units sold

9,300

Units in ending
inventory

400

Variable costs per
unit:

Direct
materials

$33

Direct
labor

$75

Variable
manufacturing overhead

$21

Variable
selling and administrative

$25

Fixed costs:

Fixed
manufacturing overhead

$145,500

Fixed
selling and administrative

$10,300

Farron Corporation, which has only one product, has
provided the following data concerning its most recent month of operations:

Selling price

$120

Units in beginning
inventory

0

Units produced

9,050

Units sold

8,650

Units in ending
inventory

400

Variable costs per
unit:

Direct
materials

$20

Direct
labor

$62

Variable
manufacturing overhead

$8

Variable
selling and administrative

$12

Fixed costs:

Fixed
manufacturing overhead

$135,750

Fixed
selling and administrative

$9,000

Aaker Corporation, which has only one product, has
provided the following data concerning its most recent month of operations:

Selling price

$135

Units in beginning
inventory

0

Units produced

6,750

Units sold

6,450

Units in ending
inventory

300

Variable costs per
unit:

Direct
materials

$21

Direct
labor

$51

Variable
manufacturing overhead

$15

Variable
selling and administrative

$15

Fixed costs:

Fixed
manufacturing overhead

$182,250

Fixed
selling and administrative

$26,700

Khanam Corporation, which has only one product, has
provided the following data concerning its most recent month of operations:

Selling price

$115

Units in beginning
inventory

0

Units produced

6,500

Units sold

6,200

Units in ending
inventory

300

Variable costs per
unit:

Direct
materials

$16

Direct
labor

$46

Variable
manufacturing overhead

$10

Variable
selling and administrative

$10

Fixed costs:

Fixed
manufacturing overhead

$175,500

Fixed
selling and administrative

$25,200

The company produces the same number of units every month,
although the sales in units vary from month to month. The company’s variable
costs per unit and total fixed costs have been constant from month to month.

Harris Corporation produces a single product. Last year,
Harris manufactured 32,150 units and sold 26,900 units. Production costs for
the year were as follows:

Fixed manufacturing
overhead

$482,250

Variable manufacturing
overhead

$279,705

Direct labor

$154,320

Direct materials

$234,695

Sales were $1,277,750, for the year, variable selling and
administrative expenses were $158,710, and fixed selling and administrative
expenses were $212,190. There was no beginning inventory. Assume that direct
labor is a variable cost.

The contribution margin per unit would be: (Do not round intermediate calculations.)

Selling price

$89

Units in beginning inventory

0

Units produced

4,300

Units sold

4,000

Units in ending inventory

300

Variable costs per unit:

Direct
materials

$13

Direct
labor

$35

Variable
manufacturing overhead

$1

Variable selling
and administrative

$10

Fixed costs:

Fixed
manufacturing overhead

$77,400

Fixed selling
and administrative

$24,000