Edward Company reported the following costs and expenses in July: Factory utilities $21,400 Direct labour $96, 500 Depreciation on factory equipment 22,250 Sales salaries 55,600 Depreciation on delivery trucks 5, 200 Property taxes on factory building 3,450 Indirect factory labour 50,800 Repairs to office equipment 2,700 Indirect materials 81,600 Factory repairs 2,700 Direct materials used 145,700 Advertising 21,200 Factory manager's salary 21,800 Office supplies used 5,890 From the information above, answer the following. Your answer is incorrect. Determine the total amount of manufacturing overhead. Manufacturing overhead Senter the total amount of manufacturing overhead in dollars Incorrect answer eTextbook and Media Assistance Used eTextbook Your answer is incorrect. Determine the total amount of product costs. Product costs Senter the total amount of product costs in dollars Incorrect answer eTextbook and Media Your answer is incorrect. Determine the total amount of period costs. Period costs Senter the total amount of period costs in dollars Incorrect answer eTextbook and Media

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Edward Company reported the following costs and expenses in July: Factory utilities $21,400 Direct labour $96, 500 Depreciation on factory equipment 22,250 Sales salaries 55,600 Depreciation on delivery trucks 5, 200 Property taxes on factory building 3,450 Indirect factory labour 50,800 Repairs to office equipment 2,700 Indirect materials 81,600 Factory repairs 2,700 Direct materials used 145,700 Advertising 21,200 Factory manager's salary 21,800 Office supplies used 5,890 From the information above, answer the following. Your answer is incorrect. Determine the total amount of manufacturing overhead. Manufacturing overhead Senter the total amount of manufacturing overhead in dollars Incorrect answer eTextbook and Media Assistance Used eTextbook Your answer is incorrect. Determine the total amount of product costs. Product costs Senter the total amount of product costs in dollars Incorrect answer eTextbook and Media Your answer is incorrect. Determine the total amount of period costs. Period costs Senter the total amount of period costs in dollars Incorrect answer eTextbook and Media

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