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Kennedy Company reports the following costs and expenses in
May.
Factory utilities $ 16,500 Direct labor $79,100
Depreciation on factory equipment 12,650 Sales salaries
48,400
Property taxes on factory building 2,500 Depreciation
on delivery trucks 3,800
Indirect factory
labor
48,900 Repairs to office
equipment 1,300
Indirect
materials
70,800 Factory
repairs
2,000
Direct materials
used
157,600
Advertising
23,000
Factory manager's
salary
8,000 Office supplies
used
4,640
Instructions
From the information, determine the total amount of:
(a) Manufacturing overhead.
(b) Product costs.
(c) Period costs.
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Factory utilities $ 13,500 Direct labor $79,100 12,650 Depreciation on factory equipment Factory manager's salary 8,000 Factory repairs 2,000 Indirect factory labor 48,900 2,640 Administrative office supplies used Indirect materials Sales salaries 48,400 Direct materials used 157,600 Advertising 23,000 How much is the manufacturing overhead in May? 1) $145,850 2) $36,150 3) $155,850 04) $158,490 Factory utilities $ 13,500 Direct labor $79,100 Depreciation on 12,650 Factory manager's factoryequipment salary Factory repairs 2,000 Indirect factory labor 48,900 Administrative office 2,640 supplies...
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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...
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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...
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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...
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*Exercise 1-4 Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment $17,200 Direct labor $70,400 14,450 Sales salaries 50,700 Property taxes on factory building Repairs to office equipment Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 4,100 50,500 81,600 3,000 1,400 2,230 15,100 3,140 139,700 Advertising 8,700 Office supplies used From the information: x Your answer is incorrect. Try again. Determine the total amount...
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Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,100 14,350 $70,000 50,400 4,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,000 50,200 85,300 139,700 8,700 1,900 3,030 16,000 3,580 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO...
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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...
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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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Exercise 1-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks for sales office* $17,400||Direct labor $70,300 13,850Sales salaries 46,700 Property taxes on factory |building Repairs to sales office lequipment 84,200 Factory repairs |137,700||Advertising 8,700||Sales Office supplies used 3,900 3,100 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 1,500 2,220 15,900 2י 53,700 a. Determine the total amount of manufacturing overhead. Show work. b. Determine the...
Factory utilities $ 13,500 Direct labor $79,100 12,650 Depreciation on factory equipment Factory manager's salary 8,000 Factory repairs 2,000 Indirect factory labor 48,900 2,640 Administrative office supplies used Indirect materials Sales salaries 48,400 Direct materials used 157,600 Advertising 23,000 How much is the manufacturing overhead in May? 1) $145,850 2) $36,150 3) $155,850 04) $158,490 Factory utilities $ 13,500 Direct labor $79,100 Depreciation on 12,650 Factory manager's factoryequipment salary Factory repairs 2,000 Indirect factory labor 48,900 Administrative office 2,640 supplies...
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 $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 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...
*Exercise 1-4 Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment $17,200 Direct labor $70,400 14,450 Sales salaries 50,700 Property taxes on factory building Repairs to office equipment Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 4,100 50,500 81,600 3,000 1,400 2,230 15,100 3,140 139,700 Advertising 8,700 Office supplies used From the information: x Your answer is incorrect. Try again. Determine the total amount...
Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,100 14,350 $70,000 50,400 4,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,000 50,200 85,300 139,700 8,700 1,900 3,030 16,000 3,580 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO...
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. $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...
Exercise 1-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks for sales office* $17,400||Direct labor $70,300 13,850Sales salaries 46,700 Property taxes on factory |building Repairs to sales office lequipment 84,200 Factory repairs |137,700||Advertising 8,700||Sales Office supplies used 3,900 3,100 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 1,500 2,220 15,900 2י 53,700 a. Determine the total amount of manufacturing overhead. Show work. b. Determine the...