Alpha Company manufactures a single product, the Whiz Mixer kitchen appliance, which it sells for $34 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 | $11.00/unit | Manufacturing overhead | $26,000 |
Direct labour | $4.00/unit | Selling and Administration | $11,000 |
Variable manufacturing overhead | $2.75/unit | Units produced in period | 5,000 |
Variable selling/administration | $1.00/unit | Units sold in period | 5,000 |
Beginning inventory | $0 |
What is the variable cost of goods sold for Alpha Company under a variable costing system?
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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