The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January:TimberPaintGlueWages-assembly personnel$25 000$5 000$500$20 000Wages-factory supervisor$3 500Factory cleaner's wages$2.000Sales commissions$10 000Administrative staff salaries$4.000Depreciation-factory equipment$3.000Depreciation-sales office equipment $1.000Utilities, insurance-factory$6.000Utilities, insurance-sales office$2.000Advertising$8.000Total costs$90 000The product costs are:a. $90 000O b. $65.000O c. $63 000Od. $83 000

We arrived at the total product cost of 65,000 as shown in this computation and analysis of the cost…

Answered: The Casual Furniture Company…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 14E: The following events took place for Rushmore Biking Inc. during February, the first month of...

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Browning Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: Depreciation on sales office Depreciation on factory equipment Factory supervisor salary Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers Fabric used to upholster furniture Freight-in (on raw materials) Costs of delivery to customers Wages paid to assembly-line workers Lumber used to build product $9300 16,800 50,100 23,400 3900 21,500 115,300 10,900 3000 9700 115,600 82,100 54,500 26,700 Utilities in factory Utilities in sales office Prime costs for Browning Furniture Company totaled $93,000. $377,000. $208,600. $211,600.
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