Homework Answers
| Material used to manufacture product | $120,000 |
| wages for assembly line worker | $62,800 |
| Property taxes for Factory | $14,000 |
| Salary for factory manager | $8,400 |
| Product cost for the period | $205,200 |
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Benson Corporation reported the following costs for the period: $120,000 Materials used to manufacture product Wages...
ignore the answer i put Benson Corporation reported the following costs for the period: Materials used...
ignore the answer i put
Benson Corporation reported the following costs for the period: Materials used to manufacture product $120,000 Wages for assembly line workers $62,800 Property taxes for factory $14,000 Rent & utilities for administrative office $16,000 Salary for factory manager $8,400 CEO's salary $12,000 Depreciation on delivery equipment $11,200 What is the total amount of Benson's product costs for the period? O A. $91,100 OB. $205,200 OC. $216,400 OD. $196,400
Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect...
Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $ 8,400 Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $17,000 5,100 11,200 5,000 300 650 2,490 870 12,000 3,200 180 Instructions Determine the total amount of period costs.
Complete the total amounts for each column. Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period...
Complete the total amounts for each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
Complete the total amounts of each column. Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period...
Complete the total amounts of each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
class differ (LO2) $16,000 E14.7 National Express reports the followi National Express reports the following costs...
class differ (LO2) $16,000 E14.7 National Express reports the followi National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $ 6,400 Drivers' salaries Depreciation on delivery equipment 4,600 11,200 Advertising Dispatcher's salary 300 5,000 Delivery equipment repairs Property taxes on office building 870 Office supplies 650 CEO's salary 990 12,000 Office utilities Gas and oil for delivery trucks 2,200 Repairs on office equipment 180 Instructions Determine the total amount of (a) delivery...
Use the file Product or Period Cost worksheet. Complete the total amounts for each column. Product...
Use
the file Product or Period Cost worksheet. Complete the total
amounts for each column.
Product Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Costs Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Fixpense for factory Depreciation on Sales Cars Depreciation...
LUU $16,000 Property taxes on office building CEO's salary Gas and oil for delivery trucks Instructions...
LUU $16,000 Property taxes on office building CEO's salary Gas and oil for delivery trucks Instructions 5,000 870 12,000 2,200 Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment 4,600 300 650 990 mine the total amount of (a) delivery service (product) costs and (b) period costs. 180 18 (LO 3), AP Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $120,000 Advertising expense Depreciation on plant $45,000 60,000 Property taxes on...
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
$6,400
Drivers’ salaries
$16,000
Depreciation on delivery equipment
11,200
Advertising
4,600
Dispatcher’s salary
5,000
Delivery equipment repairs
300
Property taxes on office building
870
Office supplies
650
CEO’s salary
12,000
Office utilities
990
Gas and oil for delivery trucks
2,200
Repairs on office equipment
180
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
Delivery service (product) costs...
Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers...
Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers Fabric used to upholster furniture Freight - in (on raw materials) Costs of delivery to customers Wages paid to assembly - line workers Lumber used to build product Utilities in factory Utilities in sales office 23,200 3.100 21,300 115,700 10.500 3,600 9,000 115,800 82,700 54.500 26,600 Product costs for Custom Creations Furniture Company totaled O A. $489,500. O B. $372.000 O C. $473,400. OD....
Identify each of the following costs as either a product cost or a period cost. Period...
Identify each of the following costs as either a product cost or a period cost. Period cost 1. Production manager's salary 2. Administrative expenses 3. Income tax expense 4. Office supplies used 5. Accident insurance-Factory workers 6. Factory utilities 7. Factory maintenance 8. Sales commissions Period cost Product cost Product cost (Product cost Period cost Identify each of the following costs as either direct materials, direct labor, or factory overhead. The company manufactures ten Direct labor 1. Wages paid to...
ignore the answer i put
Benson Corporation reported the following costs for the period: Materials used to manufacture product $120,000 Wages for assembly line workers $62,800 Property taxes for factory $14,000 Rent & utilities for administrative office $16,000 Salary for factory manager $8,400 CEO's salary $12,000 Depreciation on delivery equipment $11,200 What is the total amount of Benson's product costs for the period? O A. $91,100 OB. $205,200 OC. $216,400 OD. $196,400
Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $ 8,400 Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $17,000 5,100 11,200 5,000 300 650 2,490 870 12,000 3,200 180 Instructions Determine the total amount of period costs.
Complete the total amounts for each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
Complete the total amounts of each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
class differ (LO2) $16,000 E14.7 National Express reports the followi National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $ 6,400 Drivers' salaries Depreciation on delivery equipment 4,600 11,200 Advertising Dispatcher's salary 300 5,000 Delivery equipment repairs Property taxes on office building 870 Office supplies 650 CEO's salary 990 12,000 Office utilities Gas and oil for delivery trucks 2,200 Repairs on office equipment 180 Instructions Determine the total amount of (a) delivery...
Use
the file Product or Period Cost worksheet. Complete the total
amounts for each column.
Product Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Costs Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Fixpense for factory Depreciation on Sales Cars Depreciation...
LUU $16,000 Property taxes on office building CEO's salary Gas and oil for delivery trucks Instructions 5,000 870 12,000 2,200 Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment 4,600 300 650 990 mine the total amount of (a) delivery service (product) costs and (b) period costs. 180 18 (LO 3), AP Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $120,000 Advertising expense Depreciation on plant $45,000 60,000 Property taxes on...
National Express reports the following costs and expenses in
June 2020 for its delivery service.
Indirect materials
$6,400
Drivers’ salaries
$16,000
Depreciation on delivery equipment
11,200
Advertising
4,600
Dispatcher’s salary
5,000
Delivery equipment repairs
300
Property taxes on office building
870
Office supplies
650
CEO’s salary
12,000
Office utilities
990
Gas and oil for delivery trucks
2,200
Repairs on office equipment
180
Determine the total amount of (a) delivery service (product) costs
and (b) period costs.
Delivery service (product) costs...
Sales commissions Lubricants used in factory equipment Insurance costs for factory Wages paid to maintenance workers Fabric used to upholster furniture Freight - in (on raw materials) Costs of delivery to customers Wages paid to assembly - line workers Lumber used to build product Utilities in factory Utilities in sales office 23,200 3.100 21,300 115,700 10.500 3,600 9,000 115,800 82,700 54.500 26,600 Product costs for Custom Creations Furniture Company totaled O A. $489,500. O B. $372.000 O C. $473,400. OD....
Identify each of the following costs as either a product cost or a period cost. Period cost 1. Production manager's salary 2. Administrative expenses 3. Income tax expense 4. Office supplies used 5. Accident insurance-Factory workers 6. Factory utilities 7. Factory maintenance 8. Sales commissions Period cost Product cost Product cost (Product cost Period cost Identify each of the following costs as either direct materials, direct labor, or factory overhead. The company manufactures ten Direct labor 1. Wages paid to...
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