Wachowski Company reported the following cost data for the year 2017.
Factory maintenance costs | $90,000 |
Direct labor, wages | 351,000 |
Direct labor, health insurance | 31,000 |
Indirect labor, health insurance | 16,000 |
Health insurance for production supervisor | 6,500 |
Administrative costs | 55,000 |
Rental of office space for administrative staff | 17,500 |
Sales commissions | 52,500 |
Direct material | 1,240,000 |
Indirect materials | 633,000 |
Advertising expense | 39,000 |
Depreciation on factory building | 63,000 |
Indirect labor, wages | 80,000 |
Production supervisor's salary | 31,000 |
Use the above cost data to complete the table below.
Total prime costs | $ |
Total manufacturing overhead costs | $ |
Total product costs | $ |
Total period costs | $ |
Wachowski Company reported the following cost data for the year 2017. Factory maintenance costs $90,000 Direct...
Wachowski Company reported the following cost data for the year 2017. Factory maintenance costs $90,000 Direct labor, wages 353,000 Direct labor, health insurance 33,000 Indirect labor, health insurance 16,000 Health insurance for production supervisor Administrative costs Rental of office space for administrative staff Sales commissions Direct material 6,500 54,000 18,500 53,000 1,240,000 632,000 39,000 62,000 70,000 32,000 Indirect materials Advertising expense Depreciation on factory building Indirect labor, wages Production supervisor's salary Use the above cost data to complete the table...
2 Direct material Advertising expense Depreciation on factory building Direct labor: wages Cost of finished goods inventory at year-en Indirect labor: wages Production supervisor's sala Service department costs Direct labor: fringe benefits Indirect labor: fringe benefits Fringe benefits for production supervisor Total overtime premiums paid Cost of idle time: production Administrative costs $2,300,800 97,060 116,000 515,000 115,000 2.5 points 42 47,800 100,a00 95,900 31,000 9,000 55,000 40,000 50,000 15,000 5,000 10,000 ees Rental of office space for sales personnel Sales...
The following cost data pertains to ABC Company for the month of December: Direct material used in production Depreciation for factory building Direct labor wages Cost of finished goods, inventory at year-end Indirect labor - wages Production supervisor's salary Product promotion costs Service department costs for manufacturing Sales commissions Administrative costs Rental of sales office space $ 210,000 11,500 58,000 11,500 17,000 5,400 9,900 10,000 500 15,000 1,500 a) b) c) d) e) Compute the total prime costs. Compute the...
Required information (The following information applies to the questions displayed below.) The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer: Direct materia Advertising expense Depreciation on factory building Direct labor: wages Cost of finished goods inventory at year-end Indirect labor wages Production supervisor's salary Service department costs Direct labor: fringe benefits Indirect labor: fringe benefits Fringe benefits for production supervisor Total overtime premiums paid Cost of idle time: production employees Administrative costs...
(pa5)wachowski company reported these cost data for the year 2017 (PA4) Listed as follows are various costs found in businesses. Classify each cost as a fixed or variable cost, and as a product and/or period cost. a. Wages of administrative staff b. Shipping costs on merchandise sold C. Wages of workers assembling computers d. Cost of lease on factory equipment e. Insurance on factory f. Direct materials used in production of lamps g. Supervisor salary, factory h. Advertising costs_ i....
I continue to get $309,000 for period costs but that isn't correct. the only cost i know that us right is the total prime cost. The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer: Direct material Advertising expense Depreciation on factory building Direct labor: wages Cost of finished goods inventory at year-end Indirect labor! wages Production supervisor's salary Service department costs Direct labor: fringe benefits Indirect labor: fringe benefits Fringe benefits for...
The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer: Direct material $ 2,300,000 Advertising expense 97,000 Depreciation on factory building 115,000 Direct labor: wages 470,000 Cost of finished goods inventory at year-end 115,000 Indirect labor: wages 141,000 Production supervisor’s salary 46,000 Service department costs* 100,000 Direct labor: fringe benefits 105,000 Indirect labor: fringe benefits 32,000 Fringe benefits for production supervisor 10,000 Total overtime premiums paid 55,000 Cost of idle time: production employees§...
Barry Company manufactures coats. The company accounting records during February show: Factory utilities - $950; Direct materials used in production - $21,650: Direct materials purchased during the month - $23,000: Direct labor costs - 515,210: Wages paid to workers providing direct labor - 516,100: Depreciation on factory equipment - 51.250; Insurance covering factory facilities - $1.100: Marketing expenses - 54,700; Factory supervisor salary - $3.500: Indirect manufacturing materials used - 51,090: Insurance covering administrative facilities - $2.100: Depreciation on administrative...
Barry Company manufactures coats. The company accounting records during February show: Factory utilities - 5950: Direct materials used in production - S21.650: Direct materials purchased during the month - 523,000: Direct labor costs - $15.210: Wages paid to workers providing direct labor - $16,100: Depreciation on factory equipment - $1,250: Insurance covering factory facilities - 51.100: Marketing expenses. $4,700: Factory supervisor salary - $3.500: Indirect manufacturing materials used - $1,090: Insurance covering administrative facilities - 52.100: Depreciation on administrative office...
Barry Company manufactures coats. The company accounting records during February show. Factory utilities - 5950; Direct materials used in production - $21,650, 3 Direct materials purchased during the month - $23,000; Direct labor costs $15,210; Wages paid to workers providing direct labor - 516,100; Depreciation on factory equipment - $1,250; Insurance covering factory facilities - $1,100; Marketing expenses - $4,700; Factory supervisor salary - $3,500; Indirect manufacturing materials used - 51,090; Insurance covering administrative facilities - $2,100; Depreciation on administrative...