Homework Answers
Manufacturing overhead = Factory utilities + Depreciation on factory equipment + Indirect factory labor + Indirect material + Factory managers salary + Property tax on factory building + Factory repairs
= $16,800 + $14,350 + $52,500 + $84,300 + $8,400 + $3,500 + $2,970
= $182,820
Product cost = Direct material + Direct labor + Manufacturing overhead
= $138,700 + $72,600 + $182,820
= $394,120
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Question 18 Knight Company reports the following costs and expenses in May. $16,800 Direct labor $72,600...
Question 18 Knight Company reports the following costs and expenses in May. Factory utilities $16,800 Direct...
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
Determine total overhead manufacturing cost, total product costs, and total amount of period costs. Exercise 14-4...
Determine total overhead manufacturing cost, total product
costs, and total amount of period costs.
Exercise 14-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,800 Direct labor $72,600 14,350 Sales salaries 46,700 Property taxes on factory Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 4,200 52,500 84,300 3,500 1,700 2,970 16,700 3,370 Repairs to office equipment Factory repairs 138,700 Advertising 8,400 office supplies used From...
Exercise 1-4 Knight Company reports the following costs and expenses in May. $16,400 Direct labor $74,000...
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...
Knight Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300...
Knight Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300 Depreciation on factory equipment 13,350 Sales salaries 46,700 Depreciation on delivery trucks 4,600 Property taxes on factory building 3,300 Indirect factory labor 53,400 Repairs to office equipment 2,000 Indirect materials 83,100 Factory repairs 2,590 Direct materials used 142,700 Advertising 16,900 Factory manager's salary 8,300 Office supplies used 3,150 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead $ e Textbook and...
Exercise 14-4 Knight Company reports the following costs and expenses in May. $17,400 Direct labor $70,300...
Exercise 14-4 Knight Company reports the following costs and expenses in May. $17,400 Direct labor $70,300 Factory utilities Depreciation on factory equipment 13,850 Sales salaries 46,700 3,900 Property taxes on factory 53,700 Repairs to office equipment 84,200 Factory repairs 3,100 1,500 2,220 15,900 2,770 Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 137,700 Advertising 8,700 office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,200 Direct labor 14,350 Sales salaries 4,300 Property taxes on factory building 50,700 Repairs to office equipment 82800 Factory repairs 141,700 Advertising $73,000 51,000 2,800 1,400 3,040 16,800 3,630 8,100 Office supplies used From the information: X Your answer is incorrect. Determine the total amount of...
Knight Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,700...
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 Factory utilities Depreciation on factory equipment...
Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment $16,300 Direct labor $70,400 13,050 Sales salaries 49,600 Property taxes on factory 4,900 building 52,600 Repairs to office equipment 82,100 Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,100 1,400 2,890 16,500 3,140 138,700 Advertising 9,000 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT Determine...
Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment...
Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $17,400 Direct labor $70,300 13,850Sales salaries 46,700 Property taxes on factory building 3,100 1,500 2,220 15,900 2,770 Depreciation on delivery trucks 3 q00 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 53,700Repairs to office equipment 84,200 Factory repairs 137,700 Advertising 8,700 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of...
Knight Company reports the following costs and expenses in May. $17,000 Direct labor $70,400 Factory utilities...
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...
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
Determine total overhead manufacturing cost, total product
costs, and total amount of period costs.
Exercise 14-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,800 Direct labor $72,600 14,350 Sales salaries 46,700 Property taxes on factory Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 4,200 52,500 84,300 3,500 1,700 2,970 16,700 3,370 Repairs to office equipment Factory repairs 138,700 Advertising 8,400 office supplies used From...
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...
Knight Company reports the following costs and expenses in May. Factory utilities $16,300 Direct labor $73,300 Depreciation on factory equipment 13,350 Sales salaries 46,700 Depreciation on delivery trucks 4,600 Property taxes on factory building 3,300 Indirect factory labor 53,400 Repairs to office equipment 2,000 Indirect materials 83,100 Factory repairs 2,590 Direct materials used 142,700 Advertising 16,900 Factory manager's salary 8,300 Office supplies used 3,150 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead $ e Textbook and...
Exercise 14-4 Knight Company reports the following costs and expenses in May. $17,400 Direct labor $70,300 Factory utilities Depreciation on factory equipment 13,850 Sales salaries 46,700 3,900 Property taxes on factory 53,700 Repairs to office equipment 84,200 Factory repairs 3,100 1,500 2,220 15,900 2,770 Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 137,700 Advertising 8,700 office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,200 Direct labor 14,350 Sales salaries 4,300 Property taxes on factory building 50,700 Repairs to office equipment 82800 Factory repairs 141,700 Advertising $73,000 51,000 2,800 1,400 3,040 16,800 3,630 8,100 Office supplies used From the information: X Your answer is incorrect. Determine the total amount of...
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 Factory utilities Depreciation on factory equipment $16,300 Direct labor $70,400 13,050 Sales salaries 49,600 Property taxes on factory 4,900 building 52,600 Repairs to office equipment 82,100 Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,100 1,400 2,890 16,500 3,140 138,700 Advertising 9,000 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT Determine...
Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $17,400 Direct labor $70,300 13,850Sales salaries 46,700 Property taxes on factory building 3,100 1,500 2,220 15,900 2,770 Depreciation on delivery trucks 3 q00 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 53,700Repairs to office equipment 84,200 Factory repairs 137,700 Advertising 8,700 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of...
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...
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