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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2015: $ Factory rent Company advertising Wages paid to seamstresses

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Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2015: $ Factory rent Company advertising Wages paid to seamstresses Depreciation on salespersons' vehicles Thread Utilities for factory Cutting room supervisor's salary President's salary Premium quality cotton material Buttons Factory insurance Depreciation on sewing machines Wages paid to cutters 36,300 24,500 76,200 31,200 1,060 24,400 30,100 76,900 41,000 840 18,900 7,700 50,200 Required: 1. Compute the cost of direct materials for Cotton White. Direct Materials Cost 2. Compute the cost of direct labor for Cotton White. Direct Labor Cost $ 126,400 3. Compute the cost of manufacturing overhead for Cotton White. Manufacturing Overhead 4. Compute the total manufacturing cost for Cotton White. Total Manufacturing Cost $ 286,700 5. Compute the prime cost for Cotton White. Prime Cost 6. Compute the conversion cost for Cotton White. Conversion Cost 7. Compute the total period cost for Cotton White. Total Period Cost Hints References eBook & Resources Hint #1

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