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kysong Company reports the following costs and expenses in May. Factory utilities   $14,200   Direct labor   $63,680 Depreciation on factory equipment   11,620   Sales salaries   42,520 Depreciation on delivery trucks   3,640   Property taxes on factory building   2,300 Indirect factory labor   45,120   Repairs to office equipment   1,220 Indirect materials   74,240   Factory repairs   1,840 Direct materials used   126,880   Advertising   13,800 Factory manager’s salary   7,600   Office supplies used   2,410  Determine the total amount of manufacturing overhead. Manufacturing overhead   $enter the manufacturing overhead in dollars   Determine the total amount of product costs. Product costs   $enter the product costs in dollars

kysong Company reports the following costs and expenses in May. Factory utilities   $14,200   Direct labor   $63,680 Depreciation on factory equipment   11,620   Sales salaries   42,520 Depreciation on delivery trucks   3,640   Property taxes on factory building   2,300 Indirect factory labor   45,120   Repairs to office equipment   1,220 Indirect materials   74,240   Factory repairs   1,840 Direct materials used   126,880   Advertising   13,800 Factory manager’s salary   7,600   Office supplies used   2,410  Determine the total amount of manufacturing overhead. Manufacturing overhead   $enter the manufacturing overhead in dollars   Determine the total amount of product costs. Product costs   $enter the product costs in dollars

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Skysong Company reports the following costs and expenses in May.

Factory utilities
   $14,200  
Direct labor
   $63,680
Depreciation on factory equipment
   11,620  
Sales salaries
   42,520
Depreciation on delivery trucks
   3,640  
Property taxes on factory building
   2,300
Indirect factory labor
   45,120  
Repairs to office equipment
   1,220
Indirect materials
   74,240  
Factory repairs
   1,840
Direct materials used
   126,880  
Advertising
   13,800
Factory manager’s salary
   7,600  
Office supplies used
   2,410
 
Determine the total amount of manufacturing overhead.

Manufacturing overhead   $enter the manufacturing overhead in dollars 
 
Determine the total amount of product costs.

Product costs   $enter the product costs in dollars 
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