Truman Corporation The following information has been extracted from the financial records of Truman Corporation for its first year of operations:

Units produced 10,000

Units sold 7,000

Variable costs per unit:

Direct material $8

Direct labor 9

Manufacturing overhead 3

SG&A 4

Fixed costs:

Manufacturing overhead $70,000

SG&A 30,000

Refer to Truman Corporation.Based on absorption costing,what amount of period costs will Truman Corporation deduct? A)$70,000 B)$79,000 C)$30,000 D)$58,000

Question

Truman Corporation The following information has been extracted from the financial records of Truman Corporation for its first year of operations:

Units produced	10,000
Units sold	7,000
Variable costs per unit:
Direct material	$8
Direct labor	9
Manufacturing overhead	3
SG&A	4
Fixed costs:
Manufacturing overhead	$70,000
SG&A	30,000

Refer to Truman Corporation.Based on absorption costing,what amount of period costs will Truman Corporation deduct? A)$70,000 B)$79,000 C)$30,000 D)$58,000

Quizplus · Accepted Answer

The Answer of Truman Corporation The following information has been extracted from the financial records of Truman Corporation for its first year of operations:

Units produced	10,000
Units sold	7,000
Variable costs per unit:
Direct material	$8
Direct labor	9
Manufacturing overhead	3
SG&A	4
Fixed costs:
Manufacturing overhead	$70,000
SG&A	30,000

Refer to Truman Corporation.Based on absorption costing,what amount of period costs will Truman Corporation deduct? A)$70,000 B)$79,000 C)$30,000 D)$58,000

Truman Corporation The Following Information Has Been Extracted from the Financial Records