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5. c. What is the total Period Cost for Langson Manufacturing Company? Show computation. D. How much is the Total Factory Overhead for Langson Manufacturing
5. c. What is the total Period Cost for Langson Manufacturing Company? Show computation. D. How much is the Total Factory Overhead for Langson Manufacturing Company 1. Langson is a manufacturing company. The following costs are found in its General Ledger Accounts for the month of August, 2019: i. Materials used $150,000 ii. Direct labor $620,000 Indirect Labor $120,000 iv. Additional Factory Overhead is 2 times the materials use rate. v. Administrative salaries $130,000 vi. Sales Salaries $60,000 vil. There were 1,000 units in production. Required: a. Total Cost of Goods in Production: Show computation b. What is the Unit cost of production? Show computation
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