A company manufactures skateboards. Compute the total amount of product costs from the foll Cost item a. Wheels, $15,000 b. Wooden boards, $22,000 c. Advertising costs, $5,000 d. Insurance on factory, $6,000 e. Factory equipment depreciation, $8,000 f. Assembly worker wages, $11,000 g. Salesperson salaries, $16,000 h. Office manager's salary, $7,000 i. Factory utilities, $3,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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O
O
$61,000.
$65,000.
$70,000.
$81,000.
$59,000.
Transcribed Image Text:O O $61,000. $65,000. $70,000. $81,000. $59,000.
A company manufactures skateboards. Compute the total amount of product costs from the follo
Cost item
a. Wheels, $15,000
b. Wooden boards, $22,000
c. Advertising costs, $5,000
d. Insurance on factory, $6,000
e. Factory equipment depreciation, $8,000
f. Assembly worker wages, $11,000
g. Salesperson salaries, $16,000
h. Office manager's salary, $7,000
i. Factory utilities, $3,000
Transcribed Image Text:A company manufactures skateboards. Compute the total amount of product costs from the follo Cost item a. Wheels, $15,000 b. Wooden boards, $22,000 c. Advertising costs, $5,000 d. Insurance on factory, $6,000 e. Factory equipment depreciation, $8,000 f. Assembly worker wages, $11,000 g. Salesperson salaries, $16,000 h. Office manager's salary, $7,000 i. Factory utilities, $3,000
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