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In: Accounting

Winter Corporation, which only has one product, has provided the following data concerning its most recent...

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

Description Amount
Selling Price $140
Units in beginning inventory 0
Units produced 1,800
Units sold 1,600
Units in ending inventory 200
Variable Costs Per unit
Direct materials $40
Direct labor $32
Variable manufacturing overhead $10
Variable selling and administrative expense $18
Fixed Costs Per month
Fixed manufacturing overhead

$45000

Fixed selling and administrative expense $32,000

   

Question Select Your Answer
Question 1:  What is the unit product cost for the month under variable costing? Question 1 Answers - Select One$100$82$125$107
Question 2:  What is the total contribution margin for the month under variable costing? Question 2 Answers: Select One$92.800$64,000$104,400$52,800
Question 3:  What is the total period cost for the month under variable costing? Question 3 Answers: Select One$77,000$60,800$109,400$105,800

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