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1-6 E1-11 (Algo) Classifying and Calculating Costs [LO 1-4) The following information is available for Wonderway, Inc., for 2018: Factory rent Company advertising Wages paid
1-6
E1-11 (Algo) Classifying and Calculating Costs [LO 1-4) The following information is available for Wonderway, Inc., for 2018: Factory rent Company advertising Wages paid to laborers Depreciation for president's vehicle Indirect production labor Utilities for factory Production supervisor's salary President's salary Direct materials used Sales commissions Factory insurance Depreciation on factory equipment $ 29,300 19,500 I 84,400 8,180 1,880 30, 700 31,600 61,900 36,000 7,590 13,500 27,700 Required: 1. Calculate the direct labor cost for Wonderway. 2. Calculate the manufacturing overhead cost for Wonderway. 3. Calculate the prime cost for Wonderway. 4. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway. 6. Calculate the period expenses for Wonderway. 1. Direct Labor Cost 2. Manufacturing Overhead 3. Prime Cost 4. Conversion Cost 5. Total Manufacturing Cost 6. Period Expenses Step by Step Solution
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