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Assume the following costs were incurred during Bene Petit's first year of operations: Main ingredients $ 41,000 3,000 18,000 Miscellaneous ingredients and supplies Direct
Assume the following costs were incurred during Bene Petit's first year of operations: Main ingredients $ 41,000 3,000 18,000 Miscellaneous ingredients and supplies Direct labor (part-time workers) Indirect labor/supervision Packaging materials (direct) Depreciation on kitchen equipment 20,000 15,000 12,000 Depreciation on delivery trucks 6,000 5,000 8,000 4,000 Website development and maintenance Fuel for delivery trucks Insurance expense Required: Compute the following: a. Direct materials cost: b. Prime cost c. Manufacturing overhead cost d. Conversion cost e. Total manufacturing (product) cost f. Total nonmanufacturing (period) expenses g. Total variable cost h. Total fixed cost
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