how do i find manufacturing over head? I have all of the numbers but need to know which ones to add. here is the info:Factory utilities $17,000 Direct labor $73,700Depreciation on factory equipment 13,150 Sales salaries 49,900Depreciation on delivery trucks 4,300 Property taxes on factory building 3,300Indirect factory labor 50,300 Repairs to office equipment 2,000Indirect materials 82,400 Factory repairs 2,450Direct materials used 141,700 Advertising 15,600Factory manager’s salary 8,200 Office supplies used 3,510
how do i find manufacturing over head? I have all of the numbers but need to know which ones to add. here is the info:Factory utilities $17,000 Direct labor $73,700Depreciation on factory equipment 13,150 Sales salaries 49,900Depreciation on delivery trucks 4,300 Property taxes on factory building 3,300Indirect factory labor 50,300 Repairs to office equipment 2,000Indirect materials 82,400 Factory repairs 2,450Direct materials used 141,700 Advertising 15,600Factory manager’s salary 8,200 Office supplies used 3,510
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
how do i find manufacturing over head? I have all of the numbers but need to know which ones to add. here is the info:
Factory utilities $17,000 Direct labor $73,700
Depreciation on delivery trucks 4,300 Property taxes on factory building 3,300
Indirect factory labor 50,300 Repairs to office equipment 2,000
Indirect materials 82,400 Factory repairs 2,450
Direct materials used 141,700 Advertising 15,600
Factory manager’s salary 8,200 Office supplies used 3,510
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education