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Calculate total product costs, given the following: Advertising Exp $15,000 Sales Salary Exp $150,000 Mtg Equip Depreciation $10,000 Indirect Labor $55,000 Office Equip Depreciation $8,000

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Calculate total product costs, given the following: Advertising Exp $15,000 Sales Salary Exp $150,000 Mtg Equip Depreciation $10,000 Indirect Labor $55,000 Office Equip Depreciation $8,000 Indirect materials $12,000 Direct materials $200,000 Factory Maintenance $22,000 Office Rent $240,000 Direct Labor $350,000 $1, 062,000 $882,000 $889,000 $649,000 None of the above LOUIE Inc. manufactures dog houses. It has the following information for the year 2013; (use for (31) and (32)) Raw Materials Purchased $90,000 Plant Utilities $67, 500 Indirect Materials $11, 750 Indirect Labor $4, 750 Direct Materials $96,000 $Direct Labor $117, 500 Office Rent $35,000 Factory Depreciation $6,000 Cost of Work Manufactured $290, 850 The beginning inventory balances are as follows: Raw materials $42,000 Work in Process $12,000 Finished Goods $49, 500 Calculate the ending inventory in Work in Process at 12/31/13: $340, 350 $290, 850 $90,000 $24, 650 None of the above

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