Q1: The following information relates to ALFAHD Corporation (AMOUNTS IN SAUDI RIYAL) 4 MARKS
Advertising Costs |
SR12,470 |
Administrative Salaries |
28,700 |
Delivery Vehicle Depreciation |
1,000 |
Factory Repair and Maintenance |
910 |
Indirect Labor |
11,700 |
Indirect Materials |
9,360 |
Manufacturing Equipment Depreciation |
2,080 |
Office Rent |
42,300 |
President's Salary |
60,000 |
Sales Revenue |
450,000 |
Sales Salary |
38,000 |
Required:
How much were ALFAHD period costs and product costs?
Please Tell me the answer with the equation.
Period cost includes all selling and administrative expenese So period cost is :
Advertising Costs | 12470 |
Administrative Salaries | 28700 |
Delivery Vehicle Depreciation | 1000 |
Office Rent | 42300 |
Sales Salary | 38000 |
President's salary | 60000 |
Total period cost | $182470 |
Product cost includes all direct cost and indirect cost related to factory.
|
910 | ||
Indirect Labor | 11700 | ||
Indirect Materials | 9360 | ||
Manufacturing Equipment Depreciation | 2080 | ||
Total product cost | $24050 | ||
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