Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations:
-What is the total period cost for the month under the variable costing approach?
A) $42,300
B) $81,400
C) $114,300
D) $72,000

Question

Hackney Company, which has only one product, has provided the following data concerning its most recent month of operations: 
-What is the total period cost for the month under the variable costing approach?
A) $42,300 
B) $81,400 
C) $114,300 
D) $72,000

Quizplus · Accepted Answer

Total period cost = Fixed operating expenses + Variable selling and administrative expenses
= $73,000 + $41,300
= $114,300
Therefore, the total period cost for the month under the variable costing approach is $114,300.

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