Question 1 Your Are The Boss Company reported these cost data for 2022 Factory maintenance costs Direct labor, wages Direct labor, health insurance Indirect labor, health insurance Health insurance for production supervisor Administrative costs Rental of office space for administrative staff Sales commissions Direct material Indirect materials Advertising expense Depreciation on factory building Indirect labor, wages Production supervisor's salary Required: Calculate the: a) Total prime costs. b) Total manufacturing overhead costs. c) Total production costs. d) Total 112. $ 90,000 352,000 32,000 15,000 MAX 6,500 55,000 011 17,500 $2.500 1,230,000 632,000 39,000 62.000 70,000 32,000

Question 1 Your Are The Boss Company reported these cost data for 2022 Factory maintenance costs Direct labor, wages Direct labor, health insurance Indirect labor, health insurance Health insurance for production supervisor Administrative costs Rental of office space for administrative staff Sales commissions Direct material Indirect materials Advertising expense Depreciation on factory building Indirect labor, wages Production supervisor's salary Required: Calculate the: a) Total prime costs. b) Total manufacturing overhead costs. c) Total production costs. d) Total 112. $ 90,000 352,000 32,000 15,000 MAX 6,500 55,000 011 17,500 $2.500 1,230,000 632,000 39,000 62.000 70,000 32,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 4PA: Listed as follows are various costs found in businesses. Classify each cost as a fixed or variable...

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