Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alam Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipnent Tactory property taxes Factory rent $ 25,100 $ 43,600 $122,000 $33,600 $ 15,700 $ 48,400 $ 3,120 $ 40,200 $ 42,800 $26,500 $ 33,500 S 87,600 $ 73,900 Glue Production supervisor salary Sales manager salary Utilities for actory Mages for maintenance vorkers Mages of asenbly workera Wages of tinishing vorkers a. Compute the direct material costs. Direct Material Costs b. Compute the direct labor cost. Drect Laber Cost

Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alam Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipnent Tactory property taxes Factory rent $ 25,100 $ 43,600 $122,000 $33,600 $ 15,700 $ 48,400 $ 3,120 $ 40,200 $ 42,800 $26,500 $ 33,500 S 87,600 $ 73,900 Glue Production supervisor salary Sales manager salary Utilities for actory Mages for maintenance vorkers Mages of asenbly workera Wages of tinishing vorkers a. Compute the direct material costs. Direct Material Costs b. Compute the direct labor cost. Drect Laber Cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising: $70,000Cost of hardware (slides, handles, etc.): $34,000 Cost of wood: $117,000 Depreciation on production equipment: $63,000Factory property taxes: $17,300 Factory rent: $76,000 Glue: $3,800 Production supervisor salary: $40,700Sales manager salary: $41,600Utilities for factory: $23,900 Wages for maintenance workers: $31,800 Wages of assembly workers: $91,400Wages of finishing workers: $77,300 Compute the direct material cost and direct labor cost
Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising: $70,000 Cost of hardware (slides, handles, etc.): $34,000 Cost of wood: $117,000 Depreciation on production equipment: $63,000 Factory property taxes: $17,300 Factory rent: $76,000 Glue: $3,800 Production supervisor salary: $40,700 Sales manager salary: $41,600 Utilities for factory: $23,900 Wages for maintenance workers: $31,800 Wages of assembly workers: $91,400 Wages of finishing workers: $77,300 Compute the conversion cost Please answer it ASAP ?
Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising: $70,000 Cost of hardware (slides, handles, etc.): $34,000 Cost of wood: $117,000 Depreciation on production equipment: $63,000 Factory property taxes: $17,300 Factory rent: $76,000 Glue: $3,800 Production supervisor salary: $40,700 Sales manager salary: $41,600 Utilities for factory: $23,900 Wages for maintenance workers: $31,800 Wages of assembly workers: $91,400 Wages of finishing workers: $77,300 Compute the manufacturing overhead and total manufacturing cost
Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising: $70,000 Cost of hardware (slides, handles, etc.): $34,000 Cost of wood: $117,000 Depreciation on production equipment: $63,000 Factory property taxes: $17,300 Factory rent: $76,000 Glue: $3,800 Production supervisor salary: $40,700 Sales manager salary: $41,600 Utilities for factory: $23,900 Wages for maintenance workers: $31,800 Wages of assembly workers: $91,400 Wages of finishing workers: $77,300 Compute the conversion cost
PROBLEM. Please show your computations to receive full credit. Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising $70,500 $34,000 $117,800 $63,000 $17,500 $76,000 $3,800 $40,700 $41,600 $22,900 $31,800 Cost of hardware (sides, handles, etc.) Cost of Wood Depreciation on Production Equipment Factory Property Taxes Factory Rent Glue Production Supervisor Salary Sales Manager Salary Utilities for Factory Wages for Maintenance Workers Wages of Assembly Workers Wages of Finishing Workers $91,400 $77,800 Compute the following: i. Direct material costs ii. Direct labor cost iii. Manufacturing overhead iv. Total manufacturing cost v. Prime cost vi. Conversion cost vii. Total period cost Edit Format Table 12pt v Paragraph B IU A
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