ANSWER Subject: Cost AccountingCasper Corporation incurred the following costs which includes salaries and wagesin April:Salesperson's salaries$32,000Factory maintenance35,000Factory insurance18,000Administrative utilities4,000Factory supervisor salary43,000Administrative supplies1,500Advertising10,000Delivery truck insurance5,000Factory machine operator33,000Factory machine depreciation 5,500Direct materials usedReceptionist salary49,00017,500Required:Identify the Total Product Costs above.

Concept of Direct MaterialsDirect materials are the raw materials that are directly used in the…

Answered: Subject: Cost Accounting Casper…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

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Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PB: During the year, a company purchased raw materials of $77,321 and incurred direct labor costs of...

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Roderick Company Roderick Company reported the following costs and expenses in May. Factory utilities P15,600 Direct labor P89,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 8,800 Property taxes on factory building 2,500 Indirect factory labor 48,900 Repairs to office equipment 2,300 Indirect materials 80,800 Factory repairs 2,000 Direct materials used 137,600 Advertising 18,000 Factory manager’s salary 13,000 Office supplies used 5,640 Requirement: Using the given information, determine the total amount of: Manufacturing overhead Product costs Period costs
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