Question
A partial listing of costs incurred at Starr Corporation during June appears below: Direct Materials $110,000 Utilities Factory $10,000 Sales Commissions $30,000 Administrative salaries $115,000
A partial listing of costs incurred at Starr Corporation during June appears below: Direct Materials $110,000 Utilities Factory $10,000 Sales Commissions $30,000 Administrative salaries $115,000 Rent on Factory Space $45,000 Security Services for Factory $30,000 Advertising $124,000 Salaries of personnel who work in the finished goods warehouse $100,000 Depreciation of Production Equipment $45,000 Direct Labor $110,000 Depreciation of Administrative Equipment $40,000 Insurance on Factory Equipment $20,000 Required: a. What is the total amount of product cost listed above? b. What is the total amount of period cost listed above? c. What is the total amount of manufacturing overhead cost listed above? d. What is the total amount of conversions costs listed above? e. What is the total amount of prime costs listed above? |
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