The following are costs a cabinet maker incurred for the year: Advertising Cost of hardware (slides, handles, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor's salary Sales manager's salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers Calculate the following. Required: a. Direct materials costs. b. Direct labor costs. c. Manufacturing overhead. d. Total manufacturing costs. e. Prime costs. f. Conversion costs. g. Total period costs. $ 34,900 33,100 116,600 32,700 17,600 39,700 3,790 41,500 41,000 25,000 31,300 92,500 77,200
The following are costs a cabinet maker incurred for the year: Advertising Cost of hardware (slides, handles, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor's salary Sales manager's salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers Calculate the following. Required: a. Direct materials costs. b. Direct labor costs. c. Manufacturing overhead. d. Total manufacturing costs. e. Prime costs. f. Conversion costs. g. Total period costs. $ 34,900 33,100 116,600 32,700 17,600 39,700 3,790 41,500 41,000 25,000 31,300 92,500 77,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Need D-G completed
Transcribed Image Text:The following are costs a cabinet maker incurred for the year:
Advertising
Cost of hardware (slides, handles, etc)
Cost of wood
Depreciation on production equipment
Factory property taxes
Factory rent
Glue
Production supervisor's salary
Sales manager's salary
Utilities for factory
Wages for maintenance workers
Wages of assembly workers
Wages of finishing workers
Calculate the following.
Required:
a. Direct materials costs.
b. Direct labor costs.
c. Manufacturing overhead.
d. Total manufacturing costs.
e. Prime costs.
f. Conversion costs.
g. Total period costs.
$ 34,900
33,100
116,600
32,700
17,600
39,700
3,790
41,500
41,000
25,000
31,300
92,500
77,200
Complete this question by entering your answers in the tabs below.
Required A Required B Required C Required D Required E Required F Required G
Manufacturing overhead.
Manufacturing Overhead
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