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Gabbert Company, Which Has Only One Product, Has Provided the Following

question 119

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Gabbert Company, which has only one product, has provided the following data concerning its most recent month of operations:
 Selling price $90 Units in beginning inventory 0 Units produced 3,600 Units sold 3,400 Units in ending inventory 200 Variable costs per unit:  Direct materials $23 Direct labour $11 Variable manufacturing overhead $2 Variable selling and administrative $8 Fixed costs:  Fixed manufacturing overhead $93,600 Fixed selling and administrative $61,200\begin{array}{|l|r|}\hline \text { Selling price } & \$ 90 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 3,600 \\\hline \text { Units sold } & 3,400 \\\hline \text { Units in ending inventory } & 200 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 23 \\\hline \text { Direct labour } & \$ 11 \\\hline \text { Variable manufacturing overhead } & \$ 2 \\\hline \text { Variable selling and administrative } & \$ 8 \\\hline \text { Fixed costs: } & \\\hline \text { Fixed manufacturing overhead } & \$ 93,600 \\\hline \text { Fixed selling and administrative } & \$ 61,200 \\\hline\end{array}

-What was the total period cost for the month under the absorption costing approach?


Definitions:

Sex

Your sex depends on your genetic makeup—specifically, whether your sex chromosome is XX (female), XY (male) or X, XXY, XXYY, and so on. The latter sex chromosomes often result in a person who does not fit conventional male or female sex categories.

Chromosomes

Structures within cells that contain DNA and genetic information, playing a key role in determining the characteristics of living organisms.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.

Self-Definition

The process by which an individual defines or identifies themselves, often based on personal experiences, values, beliefs, and aspirations.

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