Depreciation on factory equipment Depreciation on delivery trucks Wood used to build bookcases Production supervisor's salary Glue and screws used in the bookcases Wages of persons who assemble the bookcases Cost to run an ad on local radio stations Rent for the factory CEO's salary Wages of person who sands the wood after it is cut Required: Determine each of the following costs for Top Shelf. 1. Direct Materials Used 2. Direct Labor 3. Manufacturing Overhead 4. Prime Cost 5. Conversion Cost 6. Total Manufacturing Cost 7. Total Nonmanufacturing (period) Cost $ $ 1,500 4,100 + $ 1,800 800 1,500 2,800 250 2,500 600 3,500 3,000 1,600
Depreciation on factory equipment Depreciation on delivery trucks Wood used to build bookcases Production supervisor's salary Glue and screws used in the bookcases Wages of persons who assemble the bookcases Cost to run an ad on local radio stations Rent for the factory CEO's salary Wages of person who sands the wood after it is cut Required: Determine each of the following costs for Top Shelf. 1. Direct Materials Used 2. Direct Labor 3. Manufacturing Overhead 4. Prime Cost 5. Conversion Cost 6. Total Manufacturing Cost 7. Total Nonmanufacturing (period) Cost $ $ 1,500 4,100 + $ 1,800 800 1,500 2,800 250 2,500 600 3,500 3,000 1,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1
Transcribed Image Text:Depreciation on factory equipment
Depreciation on delivery trucks
Wood used to build bookcases
Production supervisor's salary
Glue and screws used in the bookcases
Wages of persons who assemble the bookcases
Cost to run an ad on local radio stations
Rent for the factory
CEO's salary
Wages of person who sands the wood after it is cut
Required:
Determine each of the following costs for Top Shelf.
1. Direct Materials Used
2. Direct Labor
3. Manufacturing Overhead
4. Prime Cost
5. Conversion Cost
6. Total Manufacturing Cost
7. Total Nonmanufacturing (period) Cost
$
$
1,500
4,100
$ 1,800
800
1,500
2,800
250
2,500
600
3,500
3,000
1,600
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