a) | Manufacturing overhead costs | |||||
Indirect materials | 900 | |||||
Depreciation on manufacturing equipment | 11,000 | |||||
indirect labor | 3,000 | |||||
property taxes on factory building | 2,100 | |||||
factory utilities | 1,490 | |||||
Repairs on manufacturing equipment | 2,180 | |||||
Manufacturing overhead costs | 20670 | |||||
b) | other products costs | |||||
direct materials | 13,200 | |||||
direct labor | 11,000 | |||||
other products costs | 24,200 | |||||
(MOH is also a product cost , since question asked for other | ||||||
product costs so only direct material and direct labor considered | ||||||
c) | period costs | |||||
property taxes on office building | 870 | |||||
CEO salary | 12,000 | |||||
office equipment repairs | 300 | |||||
period costs | 13170 | |||||
Wilson Manufacturing reports the following costs and expenses in June 2015. Indirect materials $ 900 Direct...
Exercise 1-4 Knight Company reports the following costs and expenses in May. $16,400 Direct labor $74,000 Factory utilities Depreciation on factory equipment 14,350 Sales salaries 47,700 Depreciation on delivery trucks 3,100 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,900 Property taxes on factory building 50,600 Repairs to office equipment 83,500 Factory repairs 140,700 Advertising 8,100 Office supplies used 2,100 3,030 15,700 3,720 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the...
Coronado Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $70,400 Depreciation on factory equipment 13,550 Sales salaries 50,700 Depreciation on delivery trucks 4,300 Property taxes on factory building 3,200 Indirect factory labor 53,200 Repairs to office equipment 2,400 Indirect materials 85,600 Factory repairs 2,960 Direct materials used 137,700 Advertising 15,600 Factory manager’s salary 8,700 Office supplies used 3,510 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor $79,100 Depreciation on factory equipment 12,650 Sales salaries 48,400 Property taxes on factory building 2,500 Depreciation on delivery trucks 3,800 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 4,640 Instructions From the information, determine the total amount of: (a) Manufacturing overhead. (b) Product costs. (c) Period costs.
Knight Company reports the following costs and expenses in May $72000 47.500 4,700 Property taxes on factory building 2.600 1900 2.350 15,500 2,790 Factory utilities $ 17.000 Direct labor Depreciation on factory equipment 13950 Sales salaries Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 49.900 Repairs to office equipment 82.600 Factory repairs 141700 Advertising 8.300 Office supplies used From the informationDetermine the total amount of manufacturing overhéad Manufacturing overhead
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...
Knight Company reports the following costs and expenses in May. Factory utilities $16,942 Direct labor $71,743 Depreciation on factory equipment 13,387 Sales salaries 47,310 Depreciation on delivery trucks 4,546 Property taxes on factory building 3,252 Indirect factory labor 49,656 Repairs to office equipment 2,179 Indirect materials 84,468 Factory repairs 2,465 Direct materials used 142,667 Advertising 15,712 Factory manager%u2019s salary 8,285 Office supplies used 3,523 From the information, determine the total amount of: (a) Manufacturing overhead $ (b) Product costs $...
Question 18 Knight Company reports the following costs and expenses in May. Factory utilities $16,800 Direct labor $72,600 Depreciation on factory equipment 14,350 Sales salaries 46,700 Depreciation on delivery trucks 4,200 3,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,500 84,300 138,700 8,400 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 1,700 2,970 16,700 3,370 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead
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.
Knight Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,700 Depreciation on factory equipment 14,250 Sales salaries 50,000 Depreciation on delivery trucks 4,900 Property taxes on factory building 2,600 Indirect factory labor 53,500 Repairs to office equipment 1,800 Indirect materials 85,000 Factory repairs 2,970 Direct materials used 141,700 Advertising 15,600 Factory manager’s salary 8,100 Office supplies used 3,420 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead $ Determine the total...
Knight Company reports the following costs and expenses in May. $17,000 Direct labor $70,400 Factory utilities Depreciation on factory equipment 13,550 Sales salaries 50,700 Depreciation on delivery trucks 4,300 3,200 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 53,200 85,600 137,700 8,700 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 2,400 2,960 15,600 3,510 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount...