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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 Thread
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamstresses Thread $ 37,100 25,000 75,700 Depreciation on salespersons' vehicles 30,400 1,180 Utilities for factory 23,400 Cutting room supervisor's salary 31,200 President's salary 76,200 Premium quality cotton material 40,300 Buttons 835 Factory insurance 19,400 Depreciation on sewing machines 6,400 Wages paid to cutters 50,700 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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