Wayne Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate sale to the consumer. Here are some costs for Wayne Company. Calculate total PRODUCT costs for Wayne Company.
Direct Labor $24,279
Sales and Marketing Expenses $28,752
Metal to make the exterior shell of the washing machines $74,799 Electricity to run the machinery in the factory $10,627 Salary of the manager who oversees manufacturing $8,573 Salary of the Chief Operating Officer of the Company $24,387 Water bill for the building that houses corporate headquarters $2,342
Product cost included direct material, direct labor and factory overheads
= Direct labor + Metal to make exterior of washing machines + Electricity of factory + Salary of manager who oversees manufacturing
= 24,279+74,799+10,627+8,573
= $118,278
Wayne Company manufactures washing machines in their own facility. They sell them to stores like Best...
Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate sale to the consumer. Here are some costs for Smith Company. Calculate total PRODUCT costs for Smith Company. Direct Labor $22,468 Sales and Marketing Expenses $21,574 Metal to make the exterior shell of $74,167 the washing machines Electricity to run the machinery in $10,393 the factory Salary of the manager who $8,203 oversees manufacturing Salary of the Chief Operating...