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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $36,900 Company advertising 24,400 Wages paid to
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $36,900 Company advertising 24,400 Wages paid to seamstresses 76,700 Depreciation on salespersons vehicles 31,800 Thread 1,040 Utilities for factory 24,300 Cutting room supervisor's salary 31,100 President's salary 75,300 Premium quality cotton material 40,600 Buttons 000 Factory insurance 18,700 Depreciation on sewing machines 6.600 50,400 Wages paid to cutters 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. 1. Direct Materials Cost 2. Direct Labor Cost 3. Manufacturing Overhead Cost 4. Total Manufacturing Cost 5. Prime Cost 6. Conversion Cost 7. Total Period Cost
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