Question
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 37,300 Company advertising 24,100 Wages paid
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 37,300 Company advertising 24,100 Wages paid to seamstresses 75,200 Depreciation on salespersons' vehicles 30,400 Thread 1,040 Utilities for factory 24,100 Cutting room supervisor's salary 30,400 Presidents salary 75,500 Premium quality cotton material 40,100 Buttons 760 Factory insurance 18,100 Depreciation on sewing machines 7,500 Wages paid to cutters 50,600
1. Compute the cost of direct materials for Cotton White. 2. Compute the cost of direct labor for Cotton White. 3. Compute the cost of manufacturing overhead for Cotton White. 4. Compute the total manufacturing cost for Cotton White. 5. Compute the prime cost for Cotton White. 6. Compute the conversion cost for Cotton White. 7. Compute the total period cost for Cotton White.
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