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 cost.
8. Determine the total prime cost.
9. Determine the total conversion cost.
5) Total period cost
Rent for rental store | 4300 |
Depreciation on office equipment | 660 |
CEO's salary | 4150 |
Online sales commissions | 2100 |
Total period cost | 11210 |
6) Total variable cost
Wood for frames | 16500 |
Assembly worker wages | 2650 |
Glue and nails | 850 |
Online sales commissions | 2100 |
Glass for frames | 6600 |
Factory utilities | 700 |
Stain for frames | 750 |
Total variable cost | 30150 |
7) Total fixed cost
rent for rental store | 4300 |
Depreciation on office equipment | 660 |
CEO's salary | 4150 |
Depreciation on factory equipment | 1250 |
Total Fixed cost | 10360 |
8) Prime cost
Wood for frames | 16500 |
Glass for frames | 6600 |
Assembly worker wages | 2650 |
Total prime cost | 25750 |
9) Conversion cost
Assembly worker's wages | 2650 |
Glue and nails | 850 |
Depreciation on factory equipment | 1250 |
Factory utilities | 700 |
Stain for frames | 750 |
Total | 6200 |
Cartwell Inc. makes picture frames which are sold in a local retail store and through various...
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...
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. $ 19,000 Wood for frames Rent for retail store 4,800 760 Depreciation on office equipment Assembly worker wages CEO's salary Glue and nails 2,900 4,400 1,100 2,350 7,600 1,500 825 875 Online sales commissions Glass for frames Depreciation on factory equipment Factory utilities Stain for frames Required: 1. Determine the cost of direct material. 2. Determine the...
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...
Determine total manufacturing overhead (Learning Objective 4) McKay Frames manufactures picture frames. Suppose the company's January records include the items described be- low. What is McKay Frames' total manufacturing overhead cost in January? S2-10 Oil for manufacturing equipment... Wood for frames Company president's salary Interest expense... Plant supervisor's salary. 250 $46,000 $26,500 1,500 3,100 Depreciation expense on company cars used by sales forc$ 2,100 1,800 ..$ 6,000 S400 . Plant janitor's salary Plant depreciation expense Glue for picture frames
Fab Frames manufactures picture frames. Suppose the company's February records include the following items. Click the icon to view the items.) What is Fab Frames's total manufacturing overhead cost in February? Fab Frames Computation of Total Manufacturing Overhead Manufacturing overhead Choose from any list or enter any number in the input fields and then click Check Answer Cher Ansvar Oil for manufacturing equipment Wood for frames Company president's salary Interest expense... Plant supervisor's salary Depreciation expense on company cars used...
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...
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...
Top Shelf Company builds oak bookcases. Assume that you have the following information about Top Shelf's costs for the most recent month: Depreciation on factory equipment Depreciation on delivery trucks Wood used to build bookcases Production supervisor's salary Glue and screws used in the bookcases Wages of persons who assemble the bookcases Cost to run an ad on local radio stations Rent for the factory CEO's salary Wages of person who sands the wood after it is cut $1,800 800...
Top Shelf Company builds oak bookcases. Assume that you have the following information about Top Shelf's costs for the most recent month: Depreciation on factory equipment Depreciation on delivery trucks Wood used to build bookcases Production supervisor's salary Glue and screws used in the bookcases Wages of persons who assemble the bookcases Cost to run an ad on local radio stations Rent for the factory CEO's salary Wages of person who sands the wood after it is cut $1,800 800...
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...