1.A manufacturing company that produces a single product has provided the follow

1.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Units in beginning inventory 0
Units produced 4,900
Units sold 4,800
Units in ending inventory 100
Variable costs per unit:  
Direct materials$59
Direct labor$61
Variable manufacturing overhead$24
Variable selling and administrative expense$22
Fixed costs:  Fixed manufacturing overhead$102,900
Fixed selling and administrative expense$48,000
What is the variable costing unit product cost for the month?
2.Net operating income computed under variable costing would exceed net operating income computed using absorption costing if:
Multiple Choice
the average fixed cost per unit is zero.
units sold exceed units produced.
units sold equal units produced.
units sold are less than units produced.
3.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price$133
Units in beginning inventory 0
Units produced 7,000
Units sold 6,800
Units in ending inventory 200
Variable costs per unit: 
Direct materials$41
Direct labor$57
Variable manufacturing overhead$5
Variable selling and administrative expense$4
Fixed costs:  Fixed manufacturing overhead$133,000
Fixed selling and administrative expense$34,000
What is the total period cost for the month under absorption costing?
4.A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price$131
Units in beginning inventory 0
Units produced 2,940
Units sold 2,740
Units in ending inventory 200
Variable costs per unit:  Direct materials$44
Direct labor$19
Variable manufacturing overhead$13
Variable selling and administrative expense$12
Fixed costs:  Fixed manufacturing overhead$85,260
Fixed selling and administrative expense$16,440
The total gross margin for the month under absorption costing is?

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