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

question 77

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Jarvix Company, which has only one product, has provided the following data concerning its most recent month of operations:
 Selling price $111 Units in beginning inventory 0 Units produced 8,800 Units sold 8,900 Variable costs per unit:  Direct materials $34 Direct labour $37 Variable manufacturing overhead $3 Variable selling and administrative $9 Fixed costs:  Fixed manufacturing overhead $61,600 Fixed selling and administrative $169,100\begin{array}{l|r|}\hline \text { Selling price } & \$ 111 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 8,800 \\\hline \text { Units sold } & 8,900 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 34 \\\hline \text { Direct labour } & \$ 37 \\\hline \text { Variable manufacturing overhead } & \$ 3 \\\hline \text { Variable selling and administrative } & \$ 9 \\\hline \text { Fixed costs: } &\\\hline \text { Fixed manufacturing overhead } & \$ 61,600 \\\hline \text { Fixed selling and administrative } & \$ 169,100 \\\hline\end{array} 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.


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

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Definitions:

Competitive Strategy

Approaches that a company takes to attract customers, withstand competitive pressures, and strengthen an organization’s market position.

Customer Needs

The wants and requirements expressed by consumers, which guide product development and market strategies.

Efferent Division

The part of the nervous system that conveys signals from the central nervous system to effector organs like muscles and glands.

Peripheral Nervous System

The part of the nervous system that lies outside the central nervous system, comprising nerves and ganglia, responsible for transmitting sensory input and motor output between the CNS and the rest of the body.

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