Homework Answers
Answer : Option (B) $24,500
Period cost = Sales salaries expense + office salaries expense
= 15,600 + 8,900
Period cost = $24,500
Period cost is the cost which incurred in a period. they are selling and administrative expense .
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The Darwin Company reports the following information: $76,500 Sales Direct materials used Depreciation on factory equipment...
The Darwin Company reports the following information: Sales Direct materials used Depreciation on factory equipment Indirect...
The Darwin Company reports the following information: Sales Direct materials used Depreciation on factory equipment Indirect labor Direct labor $76,500 7,30 4,700 5,900 actory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials 4,2 1,20 15,600 Period costs are a. $29,200 b. $24,500 c. $30,300 d. $35,000
Darwin Company reports the following information: Sales $76,500 Direct materials used Depreciation on factory equipment Indirect...
Darwin Company reports the following information: Sales $76,500 Direct materials used Depreciation on factory equipment Indirect labor 7,300 4,700 5,900 Direct labor 10,500 4,200 Factory rent Factory utilities Sales salaries expense Office salaries expense 1,200 15,600 8,900 1,200 Indirect materials Product costs are Oa. $29,200 Ob. $24,500 Oc. $35,000 Od. $30,300 AssignmentMain.do?invoker=&takeAssignmentSessionLocator=8inprogress=false Calculator Which of the following is not a characteristic of a job order costing system? Oa. It is best suited for industries that manufacture custom goods. Ob. It...
Sales $76,500 Direct materials used Depreciation on factory equipment 7,300 4,700 Indirect labor 5,900 10,500 4,200...
Sales $76,500 Direct materials used Depreciation on factory equipment 7,300 4,700 Indirect labor 5,900 10,500 4,200 1,200 Direct labor Factory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials Product costs are 15,600 8,900 1,200 Oa. $29,200 Ob. $24,500 Oc. $35,000 Od. $30,300
34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of f...
34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of factory equipment and machines c. depreciation of sales person's vehicle d. direct materials used ANSWER: b 35. Which of the following manufacturing costs is an indirect cost of producing a product? a. oil lubricants used for factory machinery b. commissions for sales personnel c. hourly wages of an assembly worker d. memory chips for a microcomputer manufacturer 36. All of the following could...
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation...
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,000 Direct labor 14,250 Sales salaries 4,900 Property taxes on factory building 53,500 Repairs to office equipment 85,000 Factory repairs 141,700 Advertising 8,100 Office supplies used 1,800 2,970 15,600 3,420 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Coronado Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $70,400...
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 $
Knight Company reports the following costs and expenses in May. Factory utilities $15,600 Direct labor $69,400...
Knight Company reports the following costs and expenses in
May.
Factory utilities
$15,600
Direct labor
$69,400
Depreciation on factory equipment
13,050
Sales salaries
49,900
Depreciation on delivery trucks
4,000
Property taxes on factory building
3,000
Indirect factory labor
49,300
Repairs to office equipment
2,200
Indirect materials
84,200
Factory repairs
2,960
Direct materials used
139,700
Advertising
15,600
Factory manager’s salary
8,700
Office supplies used
3,000
From the information:
Your answer is incorrect. Try again.
Determine the total amount of manufacturing overhead....
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 $16,500 Direct labor $70,000 14,250 Sales salaries 50,800 4 000Property taxes on factory 3,100 2,000 2,220 16,800 3,060 Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,700 Repairs to office equipment 85,700Factory repairs 142,700 Advertising 8,600 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of product...
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 $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...
The Darwin Company reports the following information: Sales Direct materials used Depreciation on factory equipment Indirect labor Direct labor $76,500 7,30 4,700 5,900 actory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials 4,2 1,20 15,600 Period costs are a. $29,200 b. $24,500 c. $30,300 d. $35,000
Darwin Company reports the following information: Sales $76,500 Direct materials used Depreciation on factory equipment Indirect labor 7,300 4,700 5,900 Direct labor 10,500 4,200 Factory rent Factory utilities Sales salaries expense Office salaries expense 1,200 15,600 8,900 1,200 Indirect materials Product costs are Oa. $29,200 Ob. $24,500 Oc. $35,000 Od. $30,300 AssignmentMain.do?invoker=&takeAssignmentSessionLocator=8inprogress=false Calculator Which of the following is not a characteristic of a job order costing system? Oa. It is best suited for industries that manufacture custom goods. Ob. It...
Sales $76,500 Direct materials used Depreciation on factory equipment 7,300 4,700 Indirect labor 5,900 10,500 4,200 1,200 Direct labor Factory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials Product costs are 15,600 8,900 1,200 Oa. $29,200 Ob. $24,500 Oc. $35,000 Od. $30,300
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,000 Direct labor 14,250 Sales salaries 4,900 Property taxes on factory building 53,500 Repairs to office equipment 85,000 Factory repairs 141,700 Advertising 8,100 Office supplies used 1,800 2,970 15,600 3,420 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Knight Company reports the following costs and expenses in
May.
Factory utilities
$15,600
Direct labor
$69,400
Depreciation on factory equipment
13,050
Sales salaries
49,900
Depreciation on delivery trucks
4,000
Property taxes on factory building
3,000
Indirect factory labor
49,300
Repairs to office equipment
2,200
Indirect materials
84,200
Factory repairs
2,960
Direct materials used
139,700
Advertising
15,600
Factory manager’s salary
8,700
Office supplies used
3,000
From the information:
Your answer is incorrect. Try again.
Determine the total amount of manufacturing overhead....
Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,500 Direct labor $70,000 14,250 Sales salaries 50,800 4 000Property taxes on factory 3,100 2,000 2,220 16,800 3,060 Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,700 Repairs to office equipment 85,700Factory repairs 142,700 Advertising 8,600 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of product...
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
$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...
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