Question
artwell Inc. makes picture frames which are sold in a local retail store and through various websites. Wood for frames $ 16,500 Rent for retail
artwell Inc. makes picture frames which are sold in a local retail store and through various websites.
Wood for frames $ 16,500
Rent for retail store 4,300
Depreciation on office equipment 660
Assembly worker wages 2,650
CEO's salary 4,150
Glue and nails 850
Online sales commissions 2,100
Glass for frames 6,600
Depreciation on factory equipment 1,250
Factory utilities 700
Stain for frames 750
1. Determine the cost of direct material.
2. Determine the cost of direct labor.
3. Determine the cost of manufacturing overhead.
4. Determine the total manufacturing cost.
5. Determine the total period cost.
6. Determine the total variable cost.
7. Determine the total fixed cost.
8. Determine the total prime cost.
9. Determine the total conversion cost.
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