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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.

Business   Accounting   
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