E1-9 (Algo) Calculating Costs [LO 1-4] Cartwell Inc. makes picture frames which are sold in a...
E1-9 (Algo) Calculating Costs [LO 1-4) Cartwell Inc. makes picture frames which are sold in a local retail store and through various websites. Wood for frames Rent for retail store Depreciation on office equipment Assembly worker wages CEO's salary Glue and nails Online sales commissions Glass for frames Depreciation on factory equipment Factory utilities Stain for frames $ 19,000 4,800 760 2,900 4,400 1,100 2,350 7,600 1,500 825 875 Required: 1. Determine the cost of direct material. 2. Determine the...
artwell Inc. makes picture frames which are sold in a local retail store and through various websites. Wood for frames $ 16,500 Rent for retail store 4,300 Depreciation on office equipment 660 Assembly worker wages 2,650 CEO's salary 4,150 Glue and nails 850 Online sales commissions 2,100 Glass for frames 6,600 Depreciation on factory equipment 1,250 Factory utilities 700 Stain for frames 750 1. Determine the cost of direct material. 2. Determine the cost of direct labor. 3. Determine the...
Cartwell Inc. makes picture frames which are sold in a local retail store and through various websites. Wood for frames $ 16,500 Rent for retail store 4,300 Depreciation on office equipment 660 Assembly worker wages 2,650 CEO's salary 4,150 Glue and nails 850 Online sales commissions 2,100 Glass for frames 6,600 Depreciation on factory equipment 1,250 Factory utilities 700 Stain for frames 750 5. Determine the total period cost. 6. Determine the total variable cost. 7. Determine the total fixed...
E1-13 (Algo) Classifying and Calculating Cost [LO 1-4) Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month. Depreciation on factory equipment $ 850 Depreciation on CEO's company car Speakers used in the keyboard 1,300 Production supervisor's salary 2, 360 Glue and screws used in the keyboards Wages of persons who install the speakers 2,820 Cost to run an ad on local radio stations 670 Utilities for...
E1-13 (Algo) Classifying and Calculating Cost [LO 1-4) Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month. Depreciation on factory equipment Depreciation on CEO's company car Speakers used in the keyboard Production supervisor's salary Glue and screws used in the keyboards Wages of persons who install the speakers Cost to run an ad on local radio stations Utilities for the factory Personnel manager's salary Wages of...
E1-8 (Algo) Calculating Costs [LO 1-4) Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2 Factory rent Company advertising Wages paid to seamstresses Depreciation on salespersons' vehicles Thread Utilities for factory Cutting room supervisor's salary President's salary Premium quality cotton material Buttons Factory insurance n g machines Wages paid to cutters $ 37,100 24,400 75,100 30,900 1,140 23,500 30,800 76,000 41,100 840 18,500 6,900 51,100 Required: 1. Compute the cost of direct materials...
E1-13 (Static) Classifying and Calculating Cost [LO 1-4] Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month. $ 800 100 1,100 2,800 370 Depreciation on factory equipment Depreciation on CEO's company car Speakers used in the keyboard Production supervisor's salary Glue and screws used in the keyboards Wages of persons who install the speakers Cost to run an ad on local radio stations Utilities for the...
E1-13 (Static) Classifying and Calculating Cost [LO 1-4] Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month. $ 800 100 Depreciation on factory equipment Depreciation on CEO's company car Speakers used in the keyboard Production supervisor's salary Glue and screws used in the keyboards Wages of persons who install the speakers Cost to run an ad on local radio stations Utilities for the factory Personnel manager's...
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers $ 24,000 $ 43,400 $121,100 $ 32,400 $ 15,800...
1.Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 38,000 Company advertising 25,100 Wages paid to seamstresses 77,000 Depreciation on salespersons' vehicles 31,700 Thread 1,170 Utilities for factory 24,400 Cutting room supervisor's salary 30,700 President’s salary 75,200 Premium quality cotton material 42,000 Buttons 800 Factory insurance 18,900 Depreciation on sewing machines 6,000 Wages paid to cutters 51,000 Required: 1. Compute the cost of direct materials for Cotton White. 2. Compute...