Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2010.

Required:

Compute the following for Cotton White:

1. Direct materials.

2. Direct labor.

3. Manufacturing overhead.

4. Total manufacturing cost.

5. Prime cost.

6. Conversion cost.

7. Total period cost.

Transcribed Image Text:

Factory rent $36,000 Company advertising 24,000 Wages paid to seamstresses 75,000 Depreciation on salespersons' vehicles 30,000 Thread 1,000 Utilities for factory 23,000 Cutting room supervisor's salary 30,000 President's salary 75,000 Premium quality cotton material 40,000 Buttons 750 Factory insurance 18,000 Depreciation on sewing machines 6,000 Wages paid to cutters 50,000