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Use the Information Below to Answer the Following Question(s)

question 116

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Use the information below to answer the following question(s) .Western Technologies Inc.produces dashboard displays.Actual fixed manufacturing overhead is the same as the budgeted amount, $687,500.Production in September increased by 10% over the previous month's production.August production was 25,000 displays.The production level is the same as the budgeted denominator level.At the end of September, 2,000 displays remained in stock.In August, all of the displays were sold by the end of the month and there was no remaining work in process inventory.
-What are Western Technologies' appropriate period costs for September if variable costing is used?


Definitions:

Accounting Methods

The systematic practices a business uses to record and manage its financial transactions.

Ratio Comparisons

A method of financial analysis that involves comparing different financial ratios to assess a company's performance, financial health, or valuation.

Meaningful

Significantly important or valuable, often in a way that is personal or impactful to an individual or community.

Mark To Market

An accounting method that assesses the value of assets based on their current market prices.

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