Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Amounts Costs Direct materials Factory rent $215,000 21,000 120,000 Direct labor Factory utilities Supervision in the factory Indirect labor in the factory 27,000 Depreciation on
Amounts Costs Direct materials Factory rent $215,000 21,000 120,000 Direct labor Factory utilities Supervision in the factory Indirect labor in the factory 27,000 Depreciation on factory equipment Sales commissions 32,000 Sales salaries Advertising Depreciation on the headquarters building Salary of the corporate receptionist Other administrative costs Salary of the factory receptionist 70,000 35,000 10,200 28.000 165,000 26,000 Required: 1. Classily each of the costs using the table provided. Be sure to total the amounts in each column 2. What was the total product cost for last year? 3. What was the total period cost for last year? 4. 30,000 units were produced last year, what was the unit product cost? 2. What was the total product cost for last year? The total product cost is $ 3. What was the total period cost for last year? The total period cost is s 4. 130,000 units were produced last year, what was the unit product cost? Round your answer to two decimal places. The total unit product cost is s Amounts Costs Direct materials Factory rent $215,000 21,000 120,000 Direct labor Factory utilities Supervision in the factory Indirect labor in the factory 27,000 Depreciation on factory equipment Sales commissions 32,000 Sales salaries Advertising Depreciation on the headquarters building Salary of the corporate receptionist Other administrative costs Salary of the factory receptionist 70,000 35,000 10,200 28.000 165,000 26,000 Required: 1. Classily each of the costs using the table provided. Be sure to total the amounts in each column 2. What was the total product cost for last year? 3. What was the total period cost for last year? 4. 30,000 units were produced last year, what was the unit product cost? 2. What was the total product cost for last year? The total product cost is $ 3. What was the total period cost for last year? The total period cost is s 4. 130,000 units were produced last year, what was the unit product cost? Round your answer to two decimal places. The total unit product cost is s
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/668a195537d1d_484668a195497106.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/668a1955f3973_485668a195578d9d.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started