Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price
$
90
Units in beginning inventory
0
Units produced
3,400
Units sold
3,000
Units in ending inventory
400
Variable costs per unit:
Direct materials
$
21
Direct labor
$
38
Variable manufacturing overhead
$
6
Variable selling and administrative expense
$
4
Fixed costs:
Fixed manufacturing overhead
$
54,400
Fixed selling and administrative expense
$
3,000
What is the total period cost for the month under variable costing?