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Accounting E1.4 (LO2), AP Knight Company reports the following costs and expenses in May. $ 15,500 $69,100 46,400 Factory utilities Depreciation on factory equipment Depreciation
Accounting E1.4 (LO2), AP Knight Company reports the following costs and expenses in May. $ 15,500 $69,100 46,400 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 12,650 3,800 48,900 80,800 137.600 8,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 2,500 1,300 2.000 15,000 2,640 Instructions From the information, determine the total amount of: a. Manufacturing overhead. b. Product costs. c. Period costs. E1.5 (LO2),c Gala Company is a manufacturer of laptop computers. Various costs and expenses asso- ciated with its operations are as follows. 1. Property taxes on the factory building. 2. Production superintendents' salaries. 3. Memory boards and chips used in assembling computers. 4. Depreciation on the factory equipment. 5. Salaries for assembly-line quality control inspectors. 6. Sales commissions paid to sell laptop computers. 7. Electrical components used in assembling computers. 8. Wages of workers assembling laptop computers. 9. Soldering materials used on factory assembly lines. 10. Salaries for the night security guards for the factory building. The company intends to classify these costs and expenses into the following categories direct maten (b) direct labor. (c) manufacturing overhead, and (d) period costs Instructions List the items (1) through (10). For each item, indicate the cost category to which it belongs. E16 (LO 2). Service The administrators of Crawford County's Memorial Hospital are inte in identifying the various costs and expenses that are incurred in such costs and are interested
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