The following are selected data for Sato Furniture: Utilities for manufacturing equipment $120,000 Wood 850,000 Depreciation on factory building 220,000 Wages for production workers 391,000 Fabric 313,000 Delivery expense 144,000 Property taxes on factory 70,000 Required: a). Using the selected data above, determine total (a) Direct materials (b) direct labor (c) manufacturing overhead (d) product costs (e) period costs. b). Calculate Product cost per unit for 2000 furniture.
The following are selected data for Sato Furniture: Utilities for manufacturing equipment $120,000 Wood 850,000 Depreciation on factory building 220,000 Wages for production workers 391,000 Fabric 313,000 Delivery expense 144,000 Property taxes on factory 70,000 Required: a). Using the selected data above, determine total (a) Direct materials (b) direct labor (c) manufacturing overhead (d) product costs (e) period costs. b). Calculate Product cost per unit for 2000 furniture.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following are selected data for Sato Furniture:
Utilities for manufacturing equipment
$120,000
Wood
850,000
Depreciation on factory building
220,000
Wages for production workers
391,000
Fabric
313,000
Delivery expense
144,000
Property taxes on factory
70,000
Required:
a). Using the selected data above, determine total (a) Direct materials (b) direct labor
(c) manufacturing overhead (d) product costs (e) period costs.
b). Calculate Product cost per unit for 2000 furniture.
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