Please answer in text Please answer 4,5,6Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018:Pactory rentCompany advertisingWages paid to seamstressesDepreciation on malempersons vehiclesThreadUeilities for factoryCutting room supervisor's salaryPresident' salaryPremium quality cotton materialButtonsPactory insuranceDepreciation on seving machinenWagen paid to cutters$ 36,50025,50076,80031,3001,04024.00০30,30075,80041,60084018,4006,90050,500Required:1. Compute the cost of direct materiais for Cotton White.2. Compute the cost of direct labor for Cotton White.3. Compute the cost of manufacturing overhead for Cotton White.4. Compute the total manufacturing cost for Cotton White.5. Compute the prime cost for Cotton White.6. Compute the conversion cost for Cotton White.7. Compute the total period cost for Cotton White.

>Total manufacturing cost includes all the cost incurred during the production process in a…

Cotton White, Inc., makes specialty ciothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamatresses Depreciation on salespersona vehicles Thread Utilities for factory Cutting room supervisor's salary Presidentn salary Premium quality cotton material $ 36,500 25,500 76,800 31,300 1,040 24,000 30,300 75,800 41,600 840 Buttons Factory insurance Depreciation on seving machines Wages paid to cutters 18,400 6,900 50,500 Required: 1. Compute the cost of direct materiais for Cotton White. 2. Compute the cost of direct labor for Cotton White. 3. Compute the cost of manufacturing overhead for Cotton White. 4. Compute the total manufacturing cost for Cotton White. 5. Compute the prime cost for Cotton White. 6. Compute the conversion cost for Cotton White. 7. Compute the total period cost for Cotton White.

Cotton White, Inc., makes specialty ciothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamatresses Depreciation on salespersona vehicles Thread Utilities for factory Cutting room supervisor's salary Presidentn salary Premium quality cotton material $ 36,500 25,500 76,800 31,300 1,040 24,000 30,300 75,800 41,600 840 Buttons Factory insurance Depreciation on seving machines Wages paid to cutters 18,400 6,900 50,500 Required: 1. Compute the cost of direct materiais for Cotton White. 2. Compute the cost of direct labor for Cotton White. 3. Compute the cost of manufacturing overhead for Cotton White. 4. Compute the total manufacturing cost for Cotton White. 5. Compute the prime cost for Cotton White. 6. Compute the conversion cost for Cotton White. 7. Compute the total period cost for Cotton White.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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