The following are costs a cabinet maker incurred for the year: Advertising Cost of hardware (slides, handles, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor's salary Sales manager's salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers Calculate the following. Required: a. Direct materials costs. b. Direct labor costs. c. Manufacturing overhead. d. Total manufacturing costs. e. Prime costs. f. Conversion costs. g. Total period costs. $ 34,900 33,100 116,600 32,700 17,600 39,700 3,790 41,500 41,000 25,000 31,300 92,500 77,200

The following are costs a cabinet maker incurred for the year: Advertising Cost of hardware (slides, handles, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor's salary Sales manager's salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers Calculate the following. Required: a. Direct materials costs. b. Direct labor costs. c. Manufacturing overhead. d. Total manufacturing costs. e. Prime costs. f. Conversion costs. g. Total period costs. $ 34,900 33,100 116,600 32,700 17,600 39,700 3,790 41,500 41,000 25,000 31,300 92,500 77,200

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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