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2 - 18 Points (to save time, copy the problem and paste it in Excel) + A ski manufacturer incurred the following costs in January
2 - 18 Points (to save time, copy the problem and paste it in Excel) + A ski manufacturer incurred the following costs in January 2020: Factory Janitors' wages Production supervisors' salaries Assembly workers' wages Plant utilities Machine operators' health insurance Machine lubricants Depreciation of manufacturing machinery Property tax on the corporate marketing office Cost of warranty repairs Depreciation on administrative offices Cost of designing new plant layout Fiberglass for skis Ski bindings 10,000 80,000 40,000 50,000 2,000 1,000 6,000 8,000 180,000 65,000 110,000 400,000 200,000 1. Use the table below to classify each of the costs (place the amount in the appropriate cell) as one of the following: Direct Material, Direct Labour, Indirect Labour (MOH), Indirect Materials (MOH), other Manufacturing Overhead (MOH), or period cost. Write the total dollar amount for each type of cost. 2. Calculate the total of each column. 3. Using the column totals: Calculate total inven osts. Change Case Calculate total prime Calculate total conversion costs. Indirect Direct Description Material Direct Labour Labour (MOH) Indirect Material (MOH) Other Period MOH Cost Factory janitor wages Production supervisor salary Assembly workers' wages Plant utilities Machine operators' health insurance Machine lubricants Depreciation, manufacturing machines Property tax, corporate marketing office Cost of warranty repairs Depreciation, admin offices Cost to design new plant layout Fiberglass for Skis Ski bindings TOTAL
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