Factory rent Company advertising Wages paid to laborers Depreciation for president's vehicle Indirect production labor Utilities for factory Production supervisor's salary President's salary Direct materials used Sales commissions Factory insurance Depreciation on factory equipment $ 29,900 19,100 85,200 8,200 1,810 31,700 31,600 60,700 35,000 3. Calculate the prime cost for Wonderway. 1. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway. 5. Calculate the period expenses for Wonderway. 7,550 12,400 27,500 Required: 1. Calculate the direct labor cost for Wonderway. 2. Calculate the manufacturing overhead cost for Wonderway.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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please give me answer q2,q4,q5
E1-11 (Algo) Classifying and Calculating Costs [LO 1-4]
The following information is available for Wonderway, Incorporated, for the current year:
Factory rent
Company advertising
Wages paid to laborers
Depreciation for president's vehicle
Indirect production labor
Utilities for factory
Production supervisor's salary
President's salary
Direct materials used
Sales commissions
Factory insurance
Depreciation on factory equipment
3. Calculate the prime cost for Wonderway.
4. Calculate the conversion cost for Wonderway.
5. Calculate the total manufacturing cost for Wonderway.
6. Calculate the period expenses for Wonderway.
Required:
1. Calculate the direct labor cost for Wonderway.
2. Calculate the manufacturing overhead cost for Wonderway.
1. Direct Labor Cost
2. Manufacturing Overhead
3. Prime Cost
4. Conversion Cost
5. Total Manufacturing Cost
6. Period Expenses
$ 29,900
19, 100
85,200
8,200
1,810
$ 85,200
$ 90,910 x
$
120,200
$
176,820 X
$
211,110 x
$
95,550
31,700
31,600
60, 700
35,000
7,550
12,400
27,500
Transcribed Image Text:E1-11 (Algo) Classifying and Calculating Costs [LO 1-4] The following information is available for Wonderway, Incorporated, for the current year: Factory rent Company advertising Wages paid to laborers Depreciation for president's vehicle Indirect production labor Utilities for factory Production supervisor's salary President's salary Direct materials used Sales commissions Factory insurance Depreciation on factory equipment 3. Calculate the prime cost for Wonderway. 4. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway. 6. Calculate the period expenses for Wonderway. Required: 1. Calculate the direct labor cost for Wonderway. 2. Calculate the manufacturing overhead cost for Wonderway. 1. Direct Labor Cost 2. Manufacturing Overhead 3. Prime Cost 4. Conversion Cost 5. Total Manufacturing Cost 6. Period Expenses $ 29,900 19, 100 85,200 8,200 1,810 $ 85,200 $ 90,910 x $ 120,200 $ 176,820 X $ 211,110 x $ 95,550 31,700 31,600 60, 700 35,000 7,550 12,400 27,500
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