Question

this is all ome question

Exercise 1-4 Knight Company reports the following costs and expenses in May. $16,400 Direct labor $74,000 Factory utilities Depreciation on factory equipment 14,350 Sales salaries 47,700 Depreciation on delivery trucks 3,100 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,900 Property taxes on factory building 50,600 Repairs to office equipment 83,500 Factory repairs 140,700 Advertising 8,100 Office supplies used 2,100 3,030 15,700 3,720 From the information: Your answer is correct. Determine the total amount of manufacturing overhead. Manufacturing overhead 179080

Answer 1

1)
Factory utilities -	$   16,400.00
Depreciation on factory equipment	$   14,350.00
Property taxes on factory building	$     3,100.00
Indirect factory labor	$   50,600.00
Indirect materials	$   83,500.00
Factory repairs	$     3,030.00
Factory manager’s salary	$     8,100.00
Total Manufacturing Overhead	$ 179,080.00
2)
Product Costs
Direct materials used	$ 140,700.00
Direct labor	$   74,000.00
Manufacturing Overhead	$ 179,080.00
Total Product cost	$ 393,780.00
3)
Period Costs
Sales salaries	$   47,700.00
Depreciation on delivery trucks	$     3,900.00
Repairs to office equipment	$     2,100.00
Advertising	$   15,700.00
Office supplies used	$     3,720.00
Total Period cost	$   73,120.00