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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 36,400 Company advertising 24,000 Wages paid

Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018:

Factory rent $ 36,400
Company advertising 24,000
Wages paid to seamstresses 75,500
Depreciation on salespersons' vehicles 31,000
Thread 1,140
Utilities for factory 24,900
Cutting room supervisor's salary 31,400
Presidents salary 76,600
Premium quality cotton material 41,600
Buttons 775
Factory insurance 18,800
Depreciation on sewing machines 6,200
Wages paid to cutters 51,200

Required: 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.

Can you please help me with this problem? I missed several items shown below. I thought I used the correct items and formulas but clearly, I am doing something wrong.

image text in transcribed

Answer is complete but not entirely correct. 1. $ 2. 3. $ 4. Direct Materials Cost Direct Labor Cost Manufacturing Overhead Cost Total Manufacturing Cost Prime Cost Conversion Cost Total Period Cost 43,515 > $ 126,700 117,700 $ 287,915 $ 170,215 $ 244,400 X $ 131,600 5. 6. $ 7

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