Custom Creations Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: Depreciation on sales office $ 9,800 Depreciation on factory equipment 16,700 50,200 Factory supervisor salary Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers Fabric used to upholster furniture Freight-in (on raw materials) Costs of delivery to customers Wages paid to assembly-line workers Lumber used to build product Utilities in factory Utilities in sales office Manufacturing overhead costs for Custom Creations Furniture Company totaled OA $261,800. OB. $131,700. C. $236,600. OD. $325,100. 23,400 3,800 21,400 115,600 10,900 3,200 9,200 115,100 82,100 54,100 26,900

Custom Creations Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: Depreciation on sales office $ 9,800 Depreciation on factory equipment 16,700 50,200 Factory supervisor salary Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers Fabric used to upholster furniture Freight-in (on raw materials) Costs of delivery to customers Wages paid to assembly-line workers Lumber used to build product Utilities in factory Utilities in sales office Manufacturing overhead costs for Custom Creations Furniture Company totaled OA $261,800. OB. $131,700. C. $236,600. OD. $325,100. 23,400 3,800 21,400 115,600 10,900 3,200 9,200 115,100 82,100 54,100 26,900

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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