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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamstresses
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamstresses $ 36,800 25,100 76,200 Depreciation on salespersons' vehicles 31,800 Thread 1,160 Utilities for factory 24,000 Cutting room supervisor's salary 30,100 President's salary 75,400 Premium quality cotton material 40,600 Buttons 765 Factory insurance 18,300 Depreciation on sewing machines 7,100 Wages paid to cutters 51,900 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
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