Question

(A) Determine the total amount of manufacturing overhead: $_________

Knight Company reports the following costs and expenses in May. $16,500 14,250 Direct labor Sales salaries $70,000 50,800 4,0

(B)

National Express reports the following costs and expenses in June 2017 for its delivery service Indirect materials $6,900 Dri

1 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans:

Knight Company Manufacturing Overhead:
Factory Utilities 16500
Depreciation on Factory Equipment 14250
Indirect Factory Labor 52700
Indirect Materials 85700
Factory Manager's Salary 8600
Property Taxes on Factory Building 3100
Factory Repairs 2220
Total Manufacturing Overhead 183070
National Company Reports
a) Delivery service (product) costs:
Indirect materials $ 6,900
Depreciation on delivery equipment $ 12,200
Dispatcher's salary $ 5,300
Gas and oil for delivery trucks $ 2,400
Drivers' salaries $ 16,600
Delivery equipment repairs $ 340
Total $ 43,740
b) Period costs:
Property taxes on office building $ 960
CEO's salary $ 12,200
Advertising $ 4,700
Office supplies $ 760
Office utilities $ 1,050
Repairs on office equipment $ 260
Total $ 19,930
Add a comment
Know the answer?
Add Answer to:
(A) Determine the total amount of manufacturing overhead: $_________ (B) Knight Company reports the following costs...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Determine the: Manufacturing overhead, Product costs, and Period costs. Knight Company reports the following costs and...

    Determine the: Manufacturing overhead, Product costs, and Period costs. Knight Company reports the following costs and expenses in May. Direct labor Sales salaries Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,500 14,750 4,000 54,000 81,700 141,700 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used $74,000 49,300 2,900 1,600 2,740 16,600 2,990 8,300 From the information:

  • 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

    Knight Company reports the following costs and expenses in May $72000 47.500 4,700 Property taxes on factory building 2.600 1900 2.350 15,500 2,790 Factory utilities $ 17.000 Direct labor Depreciation on factory equipment 13950 Sales salaries Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 49.900 Repairs to office equipment 82.600 Factory repairs 141700 Advertising 8.300 Office supplies used From the informationDetermine the total amount of manufacturing overhéad Manufacturing overhead 

  • 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...

  • National Express reports the following costs and expenses in June 2020 for its delivery service. $16,100...

    National Express reports the following costs and expenses in June 2020 for its delivery service. $16,100 5,300 Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $7,200 12,300 5,940 920 420 Drivers' salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment 690 1,020 12,900 2,500 240 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs...

  • Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect...

    Q.1 (3 Marks): Dubai Delivery Service reports the following costs and expenses in June 2019. Indirect materials Depreciation on delivery equipment Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $ 8,400 Driver's salaries Advertising Delivery equipment repairs Office supplies Office utilities Repairs on office equipment $17,000 5,100 11,200 5,000 300 650 2,490 870 12,000 3,200 180 Instructions Determine the total amount of period costs.

  • Current Attempt in Progress Blue Express reports the following costs and expenses in June 2017 for...

    Current Attempt in Progress Blue Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,400 Drivers' salaries Depreciation on delivery equipment 12,000 Advertising Dispatcher's salary 6,030 Delivery equipment repairs Property taxes on office building 960 Office supplies CEO's salary 13,100 Office utilities Gas and oil for delivery trucks 2,600 Repairs on office equipment $17,000 4,900 390 750 1,020 200 Determine the total amount of (a) delivery service (product) costs and (b) period costs....

  • Exercise 14-7 National Express reports the following costs and expenses in June 2017 for its delivery...

    Exercise 14-7 National Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,000 Drivers' salaries Depreciation on delivery equipment 11,400 Dispatcher's salary Property taxes on office building CEO's salary Gas and oil for delivery trucks $16,200 5,000 330 760 1,040 250 Advertising Delivery equipment repairs 5,200 900. Office supplies 12,700 Office utilities 2,400 Repairs on office equipment Determine the total amount of (a) delivery service (product) costs and (b) period costs Delivery service...

  • Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery...

    Exercise 14-07 National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drivers' salaries $16,200 Depreciation on delivery equipment 12,300 Advertising 5,400 Dispatcher's salary 5,260 Delivery equipment repairs 390 Property taxes on office building 910 Office supplies CEO's salary 13,000 Office utilities 1,060 Gas and oil for delivery trucks 2,600 Repairs on office equipment 220 720 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service...

  • Knight Company reports the following costs and expenses in May. Factory utilities $16,942 Direct labor $71,743...

    Knight Company reports the following costs and expenses in May. Factory utilities $16,942 Direct labor $71,743 Depreciation on factory equipment 13,387 Sales salaries 47,310 Depreciation on delivery trucks 4,546 Property taxes on factory building 3,252 Indirect factory labor 49,656 Repairs to office equipment 2,179 Indirect materials 84,468 Factory repairs 2,465 Direct materials used 142,667 Advertising 15,712 Factory manager%u2019s salary 8,285 Office supplies used 3,523 From the information, determine the total amount of: (a) Manufacturing overhead $ (b) Product costs $...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT