Question

Please complete all parts

My GradesBookmarksGmailUTSA Self-Development YouTube Feedly SR Qual Company builds snowboards. Qualil Company has reported the following costs for the previous year. Assume no production inventories en r tergse nera 85,000 S 42,000 $130,000 5 20,000 S 81,000 S 45,000 34000 17,000 27.000 23,000 $ 1.300 80,000 S 46.000 Factory rent Uliies for factory Wages of assembly workers Production supervisor salary Sales manager salary Factory property taxes Depreciation on production equipment Cost of bindings (newrial Screws Wages of snowboand painters Wages for maintenance workers a. Compute the direct material costs. ?, computere dret labor cost. Computn the marufacturing overhead esc 7 lab

Answer 1

Answer:

a. Direct material costs	108000
b. Direct labor cost	161000
c. Manufacturing overhead	576300
d. Total manufacturing cost	845300
e. Prime cost	269000
f. Conversion cost	737300
g. Total period cost	164000

Working notes for the above answer is as under

a. Direct material costs

=85000+23000

=108,000

___________________________
b. Direct labor cost

=81000+80,000

=161,000

_______________________________
c. Manufacturing overhead

=420000+20,000+45000+17000+27000+1300+46000

=$576300

__________________________________

d. Total manufacturing cost
=108,000+161,000+576,300

=845,300

___________________________________

e. Prime cost

=108000+161000

=269,000

________________________________
f. Conversion cost

=161000+576300

=$737,300

___________________________________
g. Total period cost

=130,000+34,000

=164,000