A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 165 Units in beginning inventory 0 Units produced 12,700 Units sold 12,000 Units in ending inventory 700 Variable costs per unit: Direct materials $ 53 Direct labor $ 48 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $ 406,400 Fixed selling and administrative expense $ 216,000 What is the total period cost for the month under variable costing

$670,400

Explanation:

Period costs are not included in direct production and in this instance include:

Period costs = (12,000 * 4) + 406,400 + 216,000

= $670,400

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answernet income for 2017 will be greater if the inventory quantity declines;