Question
Canine company reports the following costs and expenses in MAY. Factory utilities $ 16500 Depreciation on factory equipment $ 12650 Depreciation on delivery trucks $
Canine company reports the following costs and expenses in MAY.
| Factory utilities | $ 16500 |
| Depreciation on factory equipment | $ 12650 |
| Depreciation on delivery trucks | $ 3800 |
| Indirect factory labor | $ 48900 |
| Indirect materials | $ 70800 |
| Direct material used | $ 157600 |
| Factory managers salary | $ 8000 |
| Direct labor | $ 79100 |
| Sales salaries | $ 51400 |
| Property taxes on factory building | $ 2500 |
| Repairs to office equipment | $ 1300 |
| Factory reports | $ 2000 |
| Advertising | $ 23000 |
| Office supplies used | $ 2640 |
Instructions:
From the information, determine the total amount of:
( please : provide calculation formula not only the final answer)
Manufacturing overhead:
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Product Cost
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Period Cost
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Forensic Accounting
Authors: Robert Rufus, Laura Miller, William Hahn
1st Edition
133427528, 133050475, 9780133427523, 978-0133050479
