49 50 51 After you have complete E14-4, consider the additional question 52 1. Assume that the following items changed: factory manager's salary $16,000, direct materials 53 5151,000; property taxes S36,000; and, sales salaries $48,000. What impact do these changes have on manufacturing overhead, product and period costs? 54 55 56 E14-4Delewing the tal amount of wariow wes of costs Knight Company reports the following costs and expenses in May. Factory utilities 35,500.00 Direct labor Depreciation on factory equipment 12.650.00 Sales salaries Depreciation on delivery truck 3.800.00 Property taxes on factory building Indirect factory labor 48.900.00 Repairs to office equipment Indirect materials 80,000.00 Factory repairs Direct material used 137,600.00 Advertising Factory manager's salary 8,000.00 Office supplies used Instruction From the information, determine the total amount of (a) Manufacturing overhead (b) Product costs (c) Period costs NOTE: Enter a number in cell requesting a value; enter either a number or a formula in cells with a "?". $69,100 46,400 2.500 1,300 2,000 15,000 2.640 (a) Determine the total amount of manufacturing overhead. Assuming Changes Factory utilities Depreciation on factory equipment Indirect factory labor Indirect materials Factory manager's salary Property taxes on factory building Factory repairs Manufacturing overhead 15,500.00 12,650.00 48,900.00 80,800.00 8,000.00 2,500.00 2.000.00 170.350.00 16,000.00 36,000.00 Increase of Total Manufacturing overhead 8,000.00 33,300.00 41.500.00 211.850,00 $ $ (b) Determine the total amount of product costs. 151.000.00 13,400.00 Increase of Direct materials Direct labor Manufacturing overhead Product costs 137.600.00 69,100.00 170.150.00 377.050.00 $ Total Product Costs 431.950.00 (c) Determine the total amount of period costs. 48,000.00 1.600.00 Increase of Depreciation on delivery trucks Sales salaries Repair to office equipment Advertising Office supplies used Period costs 3.800.00 46.400.00 1.30000 15,000.00 2.640.00 69,140.00 $ Total Period Costs 70,740.00 After you have complete E14-4, consider the additional question 1. Assume that the following items changed: factory manager's salary $16.000, direct materials S151,000, property taxes $36,000, and, sales salaries $18,000. What impact do these changes have on manufacturing overhead, product and period costs