Factory maintenance costs $90,000 Direct labor, wages 352,000 Direct labor, health insurance 32,000 Indirect labor, health insurance 15,000 Health insurance for production supervisor 6,500 Administrative costs 55,000 Rental of office space for administrative staff 17,500 Sales commissions 52,500 Direct material 1,230,000 Indirect materials 632,000 Advertising expense 39,000 Depreciation on factory building 62,000 Indirect labor, wages 70,000 Production supervisor's salary 32,000 Use the data to determine the total conversion cost.
Factory maintenance costs $90,000 Direct labor, wages 352,000 Direct labor, health insurance 32,000 Indirect labor, health insurance 15,000 Health insurance for production supervisor 6,500 Administrative costs 55,000 Rental of office space for administrative staff 17,500 Sales commissions 52,500 Direct material 1,230,000 Indirect materials 632,000 Advertising expense 39,000 Depreciation on factory building 62,000 Indirect labor, wages 70,000 Production supervisor's salary 32,000 Use the data to determine the total conversion cost.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
| Factory maintenance costs | $90,000 |
| Direct labor, wages | 352,000 |
| Direct labor, health insurance | 32,000 |
| Indirect labor, health insurance | 15,000 |
| Health insurance for production supervisor | 6,500 |
| Administrative costs | 55,000 |
| Rental of office space for administrative staff | 17,500 |
| Sales commissions | 52,500 |
| Direct material | 1,230,000 |
| Indirect materials | 632,000 |
| Advertising expense | 39,000 |
| 62,000 | |
| Indirect labor, wages | 70,000 |
| Production supervisor's salary | 32,000 |
| Use the data to determine the total conversion cost. |
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