None Splish Brothers Company reports the following costs and expenses in May.Factory utilities$14,500Direct labor$65,080Depreciation on factory equipment11,870Sales salaries43,420Depreciation on delivery trucks3,740Property taxes on factory building2,350Indirect factory labor46,120Repairs to office equipment1,250Indirect materials75,840Factory repairs1,880Direct materials used129,680Advertising14,100Factory manager's salary7,800Office supplies used2,460From the information:(a)Determine the total amount of manufacturing overhead.Manufacturing overhead

To determine the manufacturing overhead, we first need to understand what manufacturing overhead is.…

Answered: Splish Brothers Company reports the…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...

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Cost of Direct Materials, Cost of Goods Manufactured, Cost of Goods Sold Bisby Company manufactures fishing rods. At the beginning of July, the following information was supplied by its accountant: During July, the direct labor cost was 43,500, raw materials purchases were 64,000, and the total overhead cost was 108,750. The inventories at the end of July were: Required: 1. What is the cost of the direct materials used in production during July? 2. What is the cost of goods manufactured for July? 3. What is the cost of goods sold for July?
Factory overhead costs During May, Bergan Company incurred factory overhead costs as follows: indirect materials, 8,800; indirect labor, 6,600; utilities cost, 4,800; and factory depreciation, 9,000. Journalize the entry to record the factory overhead incurred during May.
Carmen Company reports the following costs and expenses in March.Factory utilities $ 18,600Direct labor 98,100Depreciation on factory equipment 14,445Sales salaries 46,400 Property taxes on factory building 2,500Depreciation on delivery trucks 9,600Indirect factory labor 48,900Repairs to office equipment 2,300Indirect materials 80,800 Factory repairs 2,000Direct materials used 137,600Advertising 18,000Factory manager’s salary 13,000 Office supplies used 5,370Instructions: From the information, determine the total amount of:(a) Manufacturing overhead.(b) Product costs.(c) Period costs.
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
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 From the information: 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
Windsor Company reports the following costs and expenses in May. Factory utilities $18,700 Direct labor $84,680 Depreciation on factory equipment 15,370 Sales salaries 56,020 Depreciation on delivery trucks 5,140 Property taxes on factory building 3,050 Indirect factory labor 60,120 Repairs to office equipment 1,670 Indirect materials 98,240 Factory repairs 2,440 Direct materials used 168,880 Advertising 18,300 Factory manager’s salary 10,600 Office supplies used 3,160 1) Determine the total amount of manufacturing overhead. Manufacturing overhead $ 2) Determine the total product cost. Product cost $ 3) Determine the total period cost. Period cast $
Sage Hill Company reports the following costs and expenses in May. Factory utilities $13,600 Direct labor $60,880 Depreciation on factory equipment 11,120 Sales salaries 40,720 Depreciation on delivery trucks 3,440 Property taxes on factory building 2,200 Indirect factory labor 43,120 Repairs to office equipment 1,160 Indirect materials 71,040 Factory repairs 1,760 Direct materials used 121,280 Advertising 13,200 Factory manager’s salary 7,200 Office supplies used 2,310 From the information: a. Determine the total amount of manufacturing overhead. Manufacturing overhead $ b. Determine the total amount of product costs. Product costs $ c. Determine the total amount of period costs. Period costs $
Metlock Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary From the information $13,300 10.870 3,340 Manufacturing overhead 42,120 69,440 118,480 7,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Determine the total amount of manufacturing overhead.. $59,480 39,820 2.150 1,130 1,720 12.900 2,260 su
Sheffield Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300 Depreciation on factory equipment 13,350 Sales salaries 46,700 Depreciation on delivery trucks 4,600 Property taxes on factory building 3,300 Indirect factory labor 53,400 Repairs to office equipment 2,000 Indirect materials 83,100 Factory repairs 2,590 Direct materials used 142,700 Advertising 16,900 Factory manager’s salary 8,300 Office supplies used 3,150 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Knight Company reports the following costs and expenses in May. Factory utilities $ 17,200 Direct labor $ 70,400 Depreciation on factory equipment 14,450 Sales salaries 50,700 Depreciation on delivery trucks Property taxes on 4,100 3,000 factory building Repairs to office Indirect factory labor 50,500 1,400 equipment Indirect materials 81,600 Factory repairs 2,230 Direct materials used 1,39,700 Advertising 15,100 Factory manager's salary 8,700 Office supplies used 3,140 From the information: a. Determine the total amount of manufacturing overhead. b. Determine the total amount of product costs. c. Determine the total amount of period costs.
Knight Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $72,000 Depreciation on factory equipment 13,950 Sales salaries 47,500 Property taxes on factory building Depreciation on delivery trucks 4,700 2,600 Indirect factory labor 49,900 Repairs to office equipment 1,900 Indirect materials 82,600 Factory repairs 2,350 Direct materials used 141,700 Advertising 15,500 Factory manager's salary 8,300 Office supplies used 2,790
Larkspur Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,080 Depreciation on factory equipment 13,120 Sales salaries 47,920 Depreciation on delivery trucks 4,240 Property taxes on factory building 2,600 Indirect factory labor 51,120 Repairs to office equipment 1,400 Indirect materials 83,840 Factory repairs 2,080 Direct materials used 143,680 Advertising 15,600 Factory manager’s salary 8,800 Office supplies used 2,710 From the information:

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