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Montana Company produces basketballs. It incurred the following costs during the year.
Direct materials: $14,032
Direct Labor: $25,706
Fixed Manufacturing Overhead: $9,698
Variable Manufacturing Overhead: $32,164
Selling Costs: $21,176
What are the total product costs for the company under variable costing?
Total Product costs $
Can somebody please help me with this problem? When I have tried to figure out the problem when using the variable costing formula there seems to be something missing which is the amount of units produced. It doesn't state in the problem how many units were produced. How would I figure this problem out?
Direct materials: $14,032
Direct Labor: $25,706
Fixed Manufacturing Overhead: $9,698
Variable Manufacturing Overhead: $32,164
Selling Costs: $21,176
What are the total product costs for the company under variable costing?
Total Product costs $
Can somebody please help me with this problem? When I have tried to figure out the problem when using the variable costing formula there seems to be something missing which is the amount of units produced. It doesn't state in the problem how many units were produced. How would I figure this problem out?