Question

Question #1: A Company reports the following costs and expenses in August. Factory utilities                           &

Question #1:

A Company reports the following costs and expenses in August.

Factory utilities                               $ 16,500            Direct labor                                        $79,100

Depreciation on factory                                           Sales salaries                                      51,400

equipment                                   12,650            Property taxes on factory                              

Depreciation on delivery trucks          3,800                    building                                           2,500

Indirect factory labor                         48,900            Repairs to office equipment                   1,300

Indirect materials                              70,800            Factory repairs                                       2,000

Direct materials used                      157,600            Advertising                                           23,000

Factory manager's salary                   8,000            Office supplies used                              2,640

Instructions

From the information, determine the total amount of:

(a) Manufacturing overhead.

(b) Product costs.

(c) Period costs.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 13,500 Direct labor...
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 13,500 Direct labor $79,100 Depreciation on factory Sales salaries 48,400 equipment 12,650 Property taxes on factory Depreciation, delivery trucks 3,800 building 2,500 Indirect factory labor 48,900 Electrical upgrade, factory 1,300 Indirect materials 70,800 Factory repairs 2,000 Direct materials used 157,600 Advertising 23,000 Factory manager's salary 8,000 Property taxes, home office 2,640 Instructions From the information, prepare schedules to determine the total amount of: (a) Manufacturing overhead. (b)...
Caroline Company reported the following costs and expenses in May: Factory utilities                            &nb
Caroline Company reported the following costs and expenses in May: Factory utilities                                   $21,900                       Direct labour   $93,400 Depreciation on factory equipment   16,050                         Sales salaries   55,700 Depreciation on delivery trucks         3,800               Property taxes on factory building     3,040 Indirect factory labour                        53,000             Repairs to office equipment   3,100 Indirect materials                               84,800             Factory repairs            2,000 Direct materials used                         143,500                       Advertising      18,800 Factory manager’s salary                    18,900             Office supplies used    6,640 Determine the total amount of product costs:
Knight Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300...
Knight Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300 Depreciation on factory equipment 13,350 Sales salaries 46,700 Depreciation on delivery trucks 4,600 Property taxes on factory building 3,300 Indirect factory labor 53,400 Repairs to office equipment 2,000 Indirect materials 83,100 Factory repairs 2,590 Direct materials used 142,700 Advertising 16,900 Factory manager’s salary 8,300 Office supplies used 3,150 From the information: Determine the total amount of manufacturing overhead ($) Determine the total amount of...
Caroline Company reported the following costs and expenses in May: Factory utilities $21,900 Direct labour $93,400...
Caroline Company reported the following costs and expenses in May: Factory utilities $21,900 Direct labour $93,400 Depreciation on factory equipment 16,050 Sales salaries 55,700 Depreciation on delivery trucks 3,800 Property taxes on factory building 3,040 Indirect factory labour 53,000 Repairs to office equipment 3,100 Indirect materials 84,800 Factory repairs 2,000 Direct materials used 143,500 Advertising 18,800 Factory manager’s salary 18,900 Office supplies used 6,640 Determine the total amount of product costs.
Caroline Company reported the following costs and expenses in May: Factory utilities $15,600 Direct labour $96,100...
Caroline Company reported the following costs and expenses in May: Factory utilities $15,600 Direct labour $96,100 Depreciation on factory equipment 20,850 Sales salaries 50,800 Depreciation on delivery trucks 5,600 Property taxes on factory building 3,300 Indirect factory labour 49,400 Repairs to office equipment 3,100 Indirect materials 84,100 Factory repairs 2,700 Direct materials used 147,300 Advertising 22,000 Factory manager’s salary 22,500 Office supplies used 5,840 From the information above, answer the following. Determine the total amount of manufacturing overhead. Manufacturing overhead...
I. ABC company had the following expenses in June. Factory Utilities Expense $                         &
I. ABC company had the following expenses in June. Factory Utilities Expense $                              12,000 Direct labor $   130,000 Depreciation on Factory Equipment                                  13,500 Sales people's salaries         65,000 Materials Stockroom people's salaries (factory)                                  48,900 Property taxes on Factory Equipment         10,000 Indirect Materials                                  20,000 Property taxes on Sales office           3,500 Direct Materials used                                200,000 Factory building repairs           4,200 FactoryManager's salary                                  20,000 Advertising Expense         43,000 Depreciation on Sales ofice copy machines                                  10,000...
Below is information for Coming Home, Ltd. Based on this information, total factory overhead costs are:...
Below is information for Coming Home, Ltd. Based on this information, total factory overhead costs are: Direct materials $11,400 Indirect materials $2,900 Direct labor $5,100 Indirect labor $3,500 Advertising costs $900 Depreciation – Factory Equipment $700 Office manager’s salary $1,800 Factory utilities $200 Delivery costs $1,200 Depreciation – Main office Equipment $400 Salesperson salaries $2,500 Main office salaries $6,900 Factory insurance $5,200 a. $12,500 b. $13,700 c. $15,000 d. None of the other choices are correct e. $7,300
The Darwin Company reports the following information: Sales $76,500 Direct materials used 7,300 Depreciation on factory...
The Darwin Company reports the following information: Sales $76,500 Direct materials used 7,300 Depreciation on factory equipment 4,700 Indirect labor 5,900 Direct labor 10,500 Factory rent 4,200 Factory utilities 1,200 Sales salaries expense 15,600 Office salaries expense 8,900 Indirect materials 1,200 Product costs are a.$35,000 b.$29,200 c.$30,300 d.$24,500
National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect...
National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $ 6,700 Drivers’ salaries $ 16,200 Depreciation on delivery equipment 11,800 Advertising 4,800 Dispatcher’s salary 5,650 Delivery equipment repairs 370 Property taxes on office building 890 Office supplies 690 CEO’s salary 13,000 Office utilities 1,070 Gas and oil for delivery trucks 2,700 Repairs on office equipment 250 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service...
Cepeda Corporation has the following cost records for June 2017. Indirect factory labor $5,420 Factory utilities...
Cepeda Corporation has the following cost records for June 2017. Indirect factory labor $5,420 Factory utilities $410 Direct materials used 22,300 Depreciation, factory equipment 1,560 Work in process, 6/1/17 3,620 Direct labor 42,630 Work in process, 6/30/17 4,630 Maintenance, factory equipment 1,990 Finished goods, 6/1/17 5,310 Indirect materials 2,120 Finished goods, 6/30/17 8,420 Factory manager’s salary 3,150 Prepare a cost of goods manufactured schedule for June 2017
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT