Question
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent$37,400Company advertising24,000Wages paid to seamstresses75,500Depreciation on salespersons' vehicles30,500Thread1,080Utilities
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018:
Factory rent$37,400Company advertising24,000Wages paid to seamstresses75,500Depreciation on salespersons' vehicles30,500Thread1,080Utilities for factory23,600Cutting room supervisor's salary31,600President's salary75,400Premium quality cotton material40,200Buttons835Factory insurance18,200Depreciation on sewing machines6,000Wages paid to cutters50,900
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.
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